The Eight Words That Sank Tech Stocks

Jan 13, 2022 · 43m 11s
The Eight Words That Sank Tech Stocks
Description

Markets had been nice and calm to start Thursday, but then Fed Vice Chair nominee said the central bank was ready to raise rates several times this year. That sent...

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Markets had been nice and calm to start Thursday, but then Fed Vice Chair nominee said the central bank was ready to raise rates several times this year. That sent stocks into a tailspin and helped the Nasdaq lose 2%. Is that the nail in the coffin for the tech trade, or is there hope ahead?
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Author CNBC
Organization CNBC
Website -
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