GgoogleAU first seen 12 h ago, last 11 h ago, peak #1

Alphabet's historic plunge weighs on Wall Street

Original: alphabet

Markets are focused on Alphabet after the Google parent suffered a historic plunge in share value, dragging down Wall Street even as the Australian sharemarket looks set to open higher. Separately, European Central Bank president Christine Lagarde confirmed she will step down. Traders and commentators are weighing the scale of Alphabet's selloff and its knock-on effects for tech stocks globally.

Why now: Alphabet's record one-day share value loss is moving global markets and dominating financial news.

Alphabet Google Wall Street Christine Lagarde European Central Bank

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Rank over time, top of the chart is #1. 2 snapshots from 11 h ago to 11 h ago.

Evidence

Coles says ‘more to do’ as supermarket sales miss estimates · The Australian
Morning Wrap: ASX 200 to rise, S&P 500 and Nasdaq dragged lower by Alphabet's record 12.6% plunge · Market Index
ASX set to rise, Alphabet’s historic plunge weighs down Wall Street; ECB chief Lagarde to exit · SMH.com.au

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