Asian technology stocks slide following US markets drop

Asian technology stocks slide following US markets drop
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By Euronews
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Trade war fears help fuel plunge.

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Asian shares slid in early Tuesday trade, with Japan leading losses in the region as they extended yesterday's global selloff.

It follows pressure on US markets from a drop in technology stocks and China trade-war fears.

Shares of tech giants all declined overnight in the first trading session of the month.

Twenty-four hours earlier Intel shares had plunged 6% after reports that Apple has decided to use its own chips in its computers starting as soon as 2020.

E-commerce giant Amazon, one of the best performers over the past year, declined after US President Donald Trump criticized the company in a series of tweets.

Meanwhile after yesterday's slump on Wall Street investors await the next round of tit-for-tat tariffs between the US and China.

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