US stocks suffer worst loss in 8 months amid rising interest rates, tech hit hardest

US stocks suffer worst loss in 8 months amid rising interest rates, tech hit hardest
US stocks suffer worst loss in 8 months amid rising interest rates, tech hit hardest
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Published time: 10 Oct, 2018 20:13 Edited time: 10 Oct, 2018 20:20

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US stocks suffer worst loss in 8 months amid rising interest rates, tech hit hardest

US stock exchanges recorded biggest losses in 8 months as rising interest rates made investors flee risky stocks. The S&P, Dow Jones and Nasdaq plunged between 3 and 4 percent. Technology shares were among the worst affected.

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