Markets Slump as Tech Stocks Fall, Amid Mergers and Earnings Worries
US equities fell at midday, with tech stocks driving the decline, as Chinese officials launched an investigation into Nvidia for possible monopolistic practices. Meanwhile, Hershey shares surged after Mondelez International considered acquiring the chocolate maker. Nvidia’s shares dropped, while Omnicom Group and Interpublic Group shares saw mixed reactions following their merger announcement. Comcast’s shares sank … Read more