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Shares have skidded in Europe and Asia after Wall Street tumbled as bond yields tightened their chokehold BANGKOK -- Shares skidded Thursday in Europe and Asia after Wall Street tumbled as bond yields tightened their chokehold. Germany's DAX fell 1.1% to 14,722.60 and the CAC 40 in Paris shed 0.8% to 6,860.72. Britain's FTSE 100 was down 0.7% at 7,361.04. The future for the S & P 500 dropped 0.7% and that for the Dow Jones Industrial Average was down 0.2%. On Wednesday, On Wednesday, the S & P 500 tumbled 1.4%, back back to where it was in May. Some of the heaviest losses hit Big Tech stocks, which dragged the Nasdaq composite to its second-worst drop of the year. It gave up 2.4%. The Dow industrials fell 0.3%. The yield on the 10-year Treasury has nudged back up toward 5%. It was at 4.95% early Thursday after dipping to 4.82% late Tuesday. In Asian trading, Tokyo’s Nikkei 225 sank 2.1% to 30,601.78 and the Kospi in Seoul declined 2.7% to 2,309.14. Hong Kong's Ha...

Warren Buffett's Berkshire Hathaway continued selling off more of its HP Inc. shares this week at a loss and dropped its stake below 10% of the maker of printers and computers Warren Buffett's Berkshire Hathaway continued selling off more of its HP Inc. shares at a loss this week and dropped its stake below 10% of the printer and computer maker. Berkshire said in a filing with the Securities and Exchange Commission that the latest sale of over 3 million shares Tuesday raised more than $80 million. Berkshire said Monday it had just sold off 5 million other shares. But HP's shares have been selling around $26 dollars this week after taking a sharp fall of nearly 14% over the past month. The stock of the Palo Alto, California-based company was selling in the mid $30s last spring when Berkshire first bought it. It's still not clear whether Buffett plans to unload all of Berkshire's HP shares because he doesn't comment on stock sales while Berkshire is still ma...