Technology Shares Plunge in U.S. as Patience for Valuations Ebbs

  • Software, Internet rout drags tech group to four-month low
  • Jobs data adds uncertainty over Fed's path for rates

What Can We Read Into Today's U.S. Jobs Report?

The willingness of U.S. stock investors to abide price-earnings ratios stretching into three and four digits came under pressure Friday as the Nasdaq Composite Index fell to its lowest since October 2014.

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