Nasdaq

Investors favouring tech stocks

Round-up of events towards end of December

Also boosted by Trump's spending plans

EM indices at four-month lows

Dow Jones and Nasdaq suffer falls

Focus on high quality companies

Index plunged by more than 20% from peak

FTSE opens 2% higher

The US Nasdaq index has closed above its dotcom boom record for the first time in 15 years.

The FTSE 100 has fallen 1.3% as geopolitical tensions and yesterday's tech sell-off put fresh pressure on UK stocks.