US equity sell-off wipes out 2018 gains as Nasdaq suffers correction
Concerns about corporate and economic growth
The tech-heavy Nasdaq was down 12.4% from its 29 August record closing high
US equities plunged in yesterday's trading session, with the Dow slumping over 600 points and the Nasdaq falling into correction territory, on fresh concerns about corporate and economic growth.
Investors have been flocking to top-performing US equities markets this year, despite it being late in the cycle, drawn by strong economic growth and the boost to corporate America from President Donald...
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