The tech-heavy NASDAQ 100 was down again today at the time of writing, bringing its slump since a record intraday high on 29th April to around 6%. Five of the largest “big tech” firms (Amazon, Apple, Microsoft, Google and Facebook), which have a collective weight in the index of more than 40%, have all fallen back to a greater or lesser extent since then.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services