A sharp sell-off in technology shares is dragging Wall Street's main indexes lower on Monday, with Alphabet down more than six per cent after reports that senior artificial intelligence engineers are leaving the company for rival firms.
The S&P 500 is down around 0.3 per cent while the tech-heavy Nasdaq has fallen more than one per cent, even as the Dow Jones Industrial Average bucks the trend, trading higher.
Shares in Amazon and Meta are also falling sharply.
Mitch Mccann reports from New York.
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Mitch Mccann in New York says former Federal Reserve chairman Alan Greenspan, who has died at the age of one hundred, is being remembered as a towering figure in American finance despite a contested legacy.
Mitch Mccann reports.
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