working there they better be vaccinated. they re tightening things up. charlie gasparino on that. i mentioned a couple of you were asking what is going on with tech stocks today, neil. the dow didn t do much. what about to the nasdaq? showing nasdaq falling about 2.5%. that would be close to 400 points. now technology issues that dominate the nasdaq, they re very sensitive, perhaps overly sensitive to a hike in interest rates. they were disproportionately affected here. sometimes that doesn t pan out when you think of an amazon or microsoft or an intuit or some of these other big tech names. they seem to be resistant to a lot of things including the global pandemic. the fear of higher interest rates and people will seek out alternatives because of the higher rates. keep in mind, we ve had people seeking out the technology stocks. if rates are going up, there s
the middle class desperately need, social security, medicare, medicaid, education. that in a nutshell is the republican proposal. don t miss politics nation, weekdays, 6:00 p.m. eastern on msnbc. here s your first look at how wall street will kick off the day. the dow opens at 12,617 after stumbling 104 points yesterday. the nasdaq sank 27. overseas trading, in tokyo, neat kay shot down 122 points, while in hong kong, the hang seng lost 25. bad news from apple after the bell was a fitting end to a dreary tuesday. apple tumbled in late trade after reporting a rare earnings and revenue slip. some of which was tied to pending sales of the new iphone 5, but could still weigh down tech stocks today. weak manufacturing data and more troubles for europe added to the day s cautious tone.