MARKET OPEN: Twitter hack, covid cases weigh on Wall Street

Fri, 17 Jul 2020

Weaker US tech stocks weighed on Wall Street overnight as investors were spooked by a Twitter hack that saw a string of high-profile users' accounts hijacked to solicit for Bitcoin donations. The tech-heavy Nasdaq was down 0.6 percent at 8am in Wellington, while the S&P 500 Index fell 0.3 percent, as US law enforcement ramped up an investigation into how hackers seized control of the official accounts of celebrities and political figures including Joe Biden, Kim Kardashian, Barack Obama and Elon Musk. Twitter shares were down 1 percent, a...

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