Tech Stocks Punished

January 2008
Red Herring;1/22/2008, p3
Trade Publication
The article reports on the performance of the technology stock markets in January 2008. The technology-heavy Nasdaq composite index reported a lost of 2.04 percent of its value. Japan's Nikkei 225 index dropped by 3.9 percent, while Hong Kong's Hang Seng index declined by 5.5 percent. Sensex index in India declined by 7.4 percent. Growing concerns about the U.S. recession also affected major indexes such as Britain's FTSE-100 and Germany's DAX 30.


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