Interest rates and fears of a mounting trade war send tech stocks lower – TechCrunch

Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4 points, or 3 percent, to 7,028.48. Meanwhile, the Dow Jones Industrial Average