Why Are Big Tech Stocks Falling Today
Why Are Big Tech Stocks Falling Today. The nasdaq 100, the largest 100 nonfinancial stocks in the nasdaq, is 10% off the historic high it hit just three weeks ago, but many big names are down close to 20%. Us stocks tumble, with dow falling 439 points as surging bond yields batter big tech shares.
The nasdaq 100 suffered an abrupt decline wednesday as risk appetite reeled and global equity markets pulled back on news that. Shares of several big tech companies, including apple inc (nasdaq: Among other tech stocks, adobe systems and salesforce.com also took a hit.
Us Stocks Tumble, With Dow Falling 439 Points As Surging Bond Yields Batter Big Tech Shares.
Change today 1 month return. That's bad news for soaring. Last week, chinese tech stocks as a group also fell after the securities and exchange commission said it would delist five chinese companies from u.s.
The Nasdaq 100 Suffered An Abrupt Decline Wednesday As Risk Appetite Reeled And Global Equity Markets Pulled Back On News That.
The biggest of which is warnings of increasing interest rates. That comes directly from treasury secretary janet. Microsoft stock fell 3.3% to close at 328.34 on the stock market today.
The Dow Dropped By About 163 Points, Or 0.5%, While The S&P 500 Fell 0.1%.
High growth tech stocks are susceptible to changes in rates as higher interest rates mean lower future earnings potential. It might finally be happening — although tech stocks may not go down without a fight. Why the possibility of a blue wave raises risks.
Shares Of Several Big Tech Companies, Including Apple Inc (Nasdaq:
Interest rates are back on the rise and the pandemic is coming to an end. Stock indexes sharply lower and treasury yields falling at a pace not seen. Nervousness on the new coronavirus variant and expectations of the us increasing the pace of tapering has led to recent market weakness, said analysts.
Many Stocks In The Sector Have Entered A Correction, Logging Declines Of At Least 10% From Their Recent Peaks.
Among other tech stocks, adobe systems and salesforce.com also took a hit. Shares of amazon dipped as much as 3.6% in morning. 23 2021, published 11:47 a.m.
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