Stock markets slide as tech selloff spooks investors – business live | Business

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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Stocks are sliding today as rising inflation worries, and a fall in tech stocks, send investors running for cover.

Markets across the Asia-Pacific region have fallen sharply, with Japan’s Nikkei sliding 3% – its worst day since February.

South Korea’s Kospi has lost over 1%, while Hong Kong’s Hang Seng is down almost 2%.

It’s shaping up to be a poor day in Europe too, with the main indices called down around 1%.

David Ingles
(@DavidInglesTV)

Some equity markets in the Asia Pacific are a mess today pic.twitter.com/35b7UBld14


May 11, 2021

IGSquawk
(@IGSquawk)

NKY closes sharply lower#NIKKEI 28608.59 -3.08% pic.twitter.com/F6kp9dJoFX


May 11, 2021

The selloff follows a jittery day on Wall Street. where technology stocks fell sharply yesterday, dragging the Nasdaq down by…

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