Tech-stock selloff weighs on asian markets

Tech-stock selloff weighs on asian markets
Tech-stock selloff weighs on asian markets
A global decline in technology stocks continued Tuesday in Asia, weighing on indexes in Japan and Taiwan. “Technology shares are suffering heavy selling pressure as investors are rotating out from the valuation-rich sector in an attempt to lock in profits” amid continuing U.S. tax-reform efforts, said Margaret Yang, a market analyst at CMC Markets. Worries about Brexit talks have also added to pessimism in global markets. After the Nasdaq fell 1.1% Monday, the Nikkei NIK, -0.28%   ended its morn…
Tech-stock selloff weighs on asian markets