Wall Street tech rout on way to tech wreck as sector smashed on recession fears; Snapchat owner SNAP plunges 43pc on dire profit warning

It's been another volatile session on Wall Street as investors continue to worry that aggressive interest rate rises could spark a global recession. 

Technology stocks have been hit the hardest after a dismal profit outlook saw Snapchat's owner Snap plunge a massive 43 percent. 

Fears of contagion in social media stocks sparked heavy falls in Twitter, Facebook's parent Meta and Google's parent Alphabet.

So where will this end?

I speak with Tom Oriti on ABC NewsRadio