Global Tech-driven Market Sell-off Persists

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The Nasdaq-inspired sell-off dragged across global markets on Tuesday despite a modest rebound on Wall Street ahead of the start of the quarterly corporate earnings season. The market tone has been largely set by Wall Street since Friday as many investors became worried that the valuations of technology, Internet and biotech stocks had gone too high. The onset of the latest results season has helped focus minds in that regard. Aluminum company Alcoa kicks it off after the markets close Tuesday.

http://news.yahoo.com/global-tech-driven-market-sell-off-persists-111349806–finance.html
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