Tech Recovery Proved Fragile With Index Down Again For Year

Bloomberg2021-03-19

Nasdaq 100 sank 3.1% on Thursday, steepest drop in three weeks The benchmark has erased 2021 gains twice in two weeks It’s been a rough ride for tech stocks this year. In as little as two weeks, the ...

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精彩评论

lordanquek
2021-03-19
lordanquek
Coool
Huradelia
2021-03-19
Huradelia
Soon it’s time to buy again
RonnieSG
2021-03-19
RonnieSG
Too much volatility in the market. Be cautious but opportunistic
jw321
2021-03-19
jw321
Please help to comment, thanks!
- csl26:
  oskydlutlufkydti
- GM33:
  Ok
- SSVC:
  [强][握手]

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The benchmark plummeted 3.1% Thursday, wiping out its rally for a second time as inflation concerns rattled investors, fueling a selloff in bonds and pummeling U.S. growth stocks. The index posted its worth month since March 8 relative to the S&P 500 Index, which fell 1.5%.\nEarlier this month, the Nasdaq 100 fell as much as 11% from its February record high, shedding more than $1.7 trillion in value as a rally in Treasury yields spooked the stock market. Investors have warned that growth stocks would be among the hardest hit amid a rotation into value as the economy reopens and vaccinations ramp up.\nThe drop in the index was widespread. Just three companies finished up during the day’s trading, while 99 fell for a negative 96 spread betweenadvancers and decliners. 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Be cautious but opportunistic","listText":"Too much volatility in the market. Be cautious but opportunistic","text":"Too much volatility in the market. 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