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Wall St joins global slide as tech stocks lead sell-off Key measure of US inflation expectations reaches highest level since 2006 as economy rebounds Tue, May 11, 2021, 09:58 Updated: Tue, May 11, 2021, 15:58 Hong Kong’s Hang Seng closed more than 2 per cent lower and Japan’s Nikkei 225 ended the Tokyo trading session down more than 3 per cent.   Wall Street stocks joined a global equities slide, with technology shares sustaining the biggest blows over concerns that rising inflation will prompt central banks to tighten monetary policy. The Nasdaq Composite index, whose largest constituents include big tech companies Apple, Amazon, Facebook and Tesla, opened 2.1 per cent lower and was on course for a second day of heavy losses that would take its drop so far this month to 6 per cent.

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