Big tech stocks rocked as US interest rate hikes start to bite

Big tech stocks rocked as US interest rate hikes start to bite
Wed, 26 Oct, 2022 - 17:35
Peyton Forte

Volatility gripped US stocks as investors contended with losses from big tech firms after a batch of lacklustre earnings underscored how the US rate hikes is impacting the economy.

The S&P 500 rose after fluctuating, lifted by gains in healthcare stocks. The tech-heavy Nasdaq 100 pared losses. 

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