US tech stocks open higher on Wall Street after worst day in 19 months – business live

European and Asia-Pacific markets slide after Wall Street rout, while latest US jobs report beats forecasts Despite the sharp losses suffered on global stock markets around the world, most indices are still up for the year.

The Nasdaq Composite index, for example, is still up 4. 6% since the start of January – even though it’s more than 10% below its peak. “The tech sell-off has intensified, with the pain of the brutal sell-off on Wall Street carried straight through to Asia and knocking sentiment in Europe. Big worries are colliding –…