Nasdaq leads wild swings on Wall Street as tech sell-off continues

Squawk Box Europe Express

U.S. markets experience their largest single-day reversal since April with the Nasdaq plunging from a high of 2.5 per cent to end the session more than 2 per cent in the red. Following a strong jobs report, investors are now cutting the odds of a final interest rate cut for the year next month. Asia has followed suit overnight with tech stocks selling off while futures in Europe also point south. A U.S.-brokered peace agreement for Ukraine will reportedly demand key concessions from Kyiv which could include ceding land it currently controls as well as giving up its bid for NATO membership.

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