Tech Stocks Drop as China’s Covid-19 Surge Shuts Down Plants

Nasdaq sheds 2% as shares of Apple, other tech companies drop. Brent crude-oil futures fall 5.1%. Rio Tinto offers to pay roughly $2.7 billion to buy out minority shareholders in Canada’s Turquoise Hill Resources. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices