Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Inside that sharp drop in U.S. tech stocks
Sep 4, 2020

Inside that sharp drop in U.S. tech stocks

HTML EMBED:
COPY
The tech giants that have led market rallies since the pandemic lows of March had a rough Thursday. Let's put that in perspective. Plus, state revenues are down, foreshadowing layoffs. And, why we're seeing more demand for industrial real estate.

Segments From this episode

Tech stocks drag down the market Thursday

The S&P 500 saw its worst one-day drop in nearly three months. Apple saw $180 billion erased from its market valuation. Marketplace’s Nova Safo reports.

For state workers, revenue decreases mean job cuts

Sep 4, 2020
In Texas, leaders have already asked some departments to trim their budgets.
A Kentucky elementary school teacher leading an online class. Among the most vulnerable government workers are those in education and health care.
Andy Lyons/Getty Images

Warehouse space is in demand

Sep 4, 2020
One Florida county has been seeing a warehouse construction boom since before COVID-19.
Stockpiling requires storage space, which is expensive and in short supply.
Drew Angerer/Getty Images

Music from the episode

Big Calm Morcheeba

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director