Sep 4, 2020

Inside that sharp drop in U.S. tech stocks

Spencer Platt/Getty Images

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.

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COVID & Unemployment

For state workers, revenue decreases mean job cuts

by Andy Uhler

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

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Warehouse space is in demand

by Bradley George

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

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Music from the episode

Big Calm Morcheeba

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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