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Nasdaq drops 3%, tech stocks slide as Treasury yields jump
undefined Stocks ended sharply lower on Thursday as Treasury yields resumed their march higher, igniting another drop in technology stocks. Elsewhere, a new report showed U.S. initial unemployment claims unexpectedly rose last week despite loosening social distancing standards and improving weather. [Click here to read what’s moving markets heading into Friday, March 19] The S&P […]
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Dow climbs 290 points to shut at an additional document, surging yields strike tech stocks again
The Dow Jones Industrial Ordinary jumped to yet another file large on Friday as climbing reopening optimism ongoing to persuade the rotation into cyclical shares. In the meantime, surging bond yields rekindled valuation fears and took the comeback momentum out of tech names. The 30-inventory benchmark climbed 293.05 factors, or .9%, to shut at a […]
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The FAANG stocks, in these uncertain times, are anticipated to rise as a lot as 35% about the future calendar year
It may perhaps be time to start off loading up on FAANG stocks once again. That is, if you purchase the arguments that the fascination-fee jitters of the earlier several weeks are set to pause and far more federal stimulus will maximize the prospective buyers of more substantial corporations. On March 8, David Tepper, the […]
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3 causes why the correction in tech stocks has further more to run, according to Morgan Stanley’s prime US equity strategist
Bloomberg Tv 
 The offer-off in technological innovation stocks is likely not about, according to Mike Wilson, Morgan Stanley’s chief US fairness strategist. In a note on Sunday, Wilson highlighted that the bull current market in stocks will keep on with value and cyclicals foremost the way relatively than the technologies sector. But engineering shares […]
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Mounting interest fees are usually bullish for stocks when these 3 aspects are met, in accordance to LPL
Spencer Platt/Getty Photographs 
 Some buyers have been anxious about the sudden rise in interest fees about the previous thirty day period. Greater fascination costs have assisted spark a rotation from superior-progress technologies stocks to much more benefit-oriented sectors like electrical power and financials. But growing fascination charges are inclined to be accompanied with climbing […]
