A Halloween slump in technology stocks has sparked fears of a market crash that would hammer the savings and pensions of millions of British families.
A Halloween slump in technology stocks has fuelled fears of a market crash that would hammer the savings and pensions of millions of British families.
The tech-heavy Nasdaq index followed up Thursday's 1.4% slide with a drop of 2.86% on Friday, while Intel shares tumbled 29%, wiping around £90billion off its value.
Why this matters: The slump in share prices matters to British investors and pension savers due to the huge sums invested in global tracker funds, which are dominated by US tech giants.
What this means for you: Millions of British savers are exposed to US tech stocks through their pensions and Isas, which could be affected by the slump in share prices.
Join thousands of readers getting the best of British news straight to their inbox.