Home Business Big tech stocks tumble as Wall Street braces for Democratic Senate

Big tech stocks tumble as Wall Street braces for Democratic Senate

9

This post was originally published on this site

Big tech stocks fell sharply Wednesday as Democratic gains in Georgia stoked fears that the feds could tighten regulations on the industry’s dominant players. Futures contracts linked to the tech-heavy Nasdaq 100 index tumbled about 1.3 percent as of 8:12 a.m. with Democrats poised to flip both the Peach State’s Senate seats — likely giving…