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Tech Stocks Hit Hard As US Yields Gain

EQUITIES
  • Asian markets closed mixed: Japan's NIKKEI closed down 76.27 pts or -0.27% at 28257.25 and the TOPIX ended 8.33 pts lower or -0.42% at 1978.38. China's SHANGHAI closed up 28.248 pts or +0.8% at 3569.914 and the HANG SENG ended 105.25 pts lower or -0.43% at 24112.78.
  • European equities are lower, with the German Dax down 207.94 pts or -1.31% at 15693.02, FTSE 100 down 74.8 pts or -0.98% at 7541.52, CAC 40 down 97.93 pts or -1.36% at 7106.93 and Euro Stoxx 50 down 54.93 pts or -1.28% at 4239.58.
  • U.S. futures are likewise lower, led by tech stocks, with the Dow Jones mini down 266 pts or -0.74% at 35530, S&P 500 mini down 53.25 pts or -1.14% at 4601.5, NASDAQ mini down 279 pts or -1.79% at 15316.75.

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