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US technology stocks suffered their worst sell-off since the depths of the market turmoil in March, with the Nasdaq Composite diving into correction territory and Tesla losing more than a fifth of its value in a single day.The technology-laden index fell for a third straight session, declining 4.1 per cent…

US police officers suspended after black man suffocated Seven police officers have been suspended after an unarmed black man died from suffocation in Rochester, New York State. Daniel Prude, 41, who had mental health issues, died in March after being put in a “spit hood” to restrain him, but his death has…

Updated Sep 4, 2020 – 5.38pm, first published at 6.30amKey PointsWall Street suffers worst session since JuneNasdaq slumps 5 per cent; Apple slides 8 per cent$A trades below US73c 5.38pm – Sep 4, 2020Westpac lifts 2020 GDP forecast to -3.5 per centSarah TurnerWestpac has lifted its forecasts for the Australian…

Sep 4, 2020 – 3.11amUS stocks fell, poised to record their worst day since June, as investors bailed on technology stocks after their stunning rally."In the absence of a specific catalyst, it’s easy to classify today’s swoon as profit-taking," said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance."Valuation is…

The Nasdaq fell 5% on Thursday, its worst decline since March, and the S&P 500 had its worst session since June, but no one was quite sure why.What happened: Fund managers and strategists posited that profit taking or rebalancing was to blame as no fundamental drivers for the sell-off were…

Thomson Reuters US stocks gained on Tuesday as investors mulled corporate earnings and encouraging economic data out of China. Zoom Technologies leaped alongside other so-called work-from-home stocks after trouncing Wall Street's second-quarter estimates and raising its forward guidance. A private gauge of small Chinese manufacturers gained in August to its…

GoodRx CEOs Doug Hirsch and Trevor Bezdek. GoodRx This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. GoodRx, a digital health company that offers low-cost, mailed prescriptions, filed in August to go public. GoodRx is just the latest in a larger startup parade…

Business Asian stocks will likely climb on Thursday after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the U.S. Federal Reserve possibly sets a new course on inflation. File photo of a man walking in front of a stock…

WASHINGTON (Reuters) - Asian stocks will likely climb on Thursday after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the U.S. Federal Reserve possibly sets a new course on inflation.FILE PHOTO: Passersby wearing protective face masks, following an…

NEW YORK (Reuters) - A gauge of world equity markets and the dollar rose on Thursday after the U.S. Federal Reserve said it would roll out an aggressive new strategy that aims to boost employment and allow inflation to run a bit faster for longer than in the past.FILE PHOTO:…