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.
On a brutal session in trading rooms in New York, the tech-heavy Nasdaq index followed up Thursday’s 1.4 per cent slide with a drop of more than 3 per cent on Friday.
Analysts warned of ‘tech carnage’ with shares in US giants Amazon and Intel among the biggest losers following bleak results on Thursday night.
Intel shares tumbled nearly 30 per cent – wiping around £90billion off its value – while Amazon fell more than 3 per cent.
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