{"id":82569,"date":"2022-09-14T01:59:03","date_gmt":"2022-09-14T05:59:03","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82569"},"modified":"2022-09-14T01:59:23","modified_gmt":"2022-09-14T05:59:23","slug":"tech-stocks-crushed-in-market-selloff","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2022\/tech-stocks-crushed-in-market-selloff.html","title":{"rendered":"Tech stocks crushed in market selloff"},"content":{"rendered":"\n<p>(CNBC) The six largest U.S. tech companies lost more than $500 billion in value Tuesday after an <a href=\"https:\/\/www.cnbc.com\/2022\/09\/12\/stock-futures-are-higher-as-wall-street-awaits-key-inflation-report-.html\">unexpectedly high August inflation report<\/a> sent tech stocks tumbling. The consumer price index was up 0.1% for the month and was up 8.3% year over year, even as gas prices fell. The Invesco QQQ ETF, an exchange-traded fund tracking the 100 most highly valued nonfinancial companies listed on Nasdaq, endured a 5.5% decline in its worst trading day since March 2020. The fund\u2019s top 10 holdings include Apple, Microsoft, Amazon, Alphabet, Meta and Nvidia.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/09\/13\/tech-stocks-crushed-in-market-selloff.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The six largest U.S. tech companies lost more than $500 billion in value Tuesday after an unexpectedly high August inflation report sent tech stocks tumbling. The consumer price index was up 0.1% for the month and was up 8.3% [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82569","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82569"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82569\/revisions"}],"predecessor-version":[{"id":82570,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82569\/revisions\/82570"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}