why are tech stocks down today reddit

Equity indexes during August and. Tech was already near monthly resistance and the ECB said this morning that the US markets.

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Why are tech stocks down today reddit.

. GOOGL is continuing a week-long downturn with losses of nearly 25 so far today. The banks global investment committee expects a stock-market pullback of 10 to 15 before the end of the year she wrote. In trading Thursday gold.

META stock is down 22 today. Heavy selling in high-growth areas of the market has driven many high-profile tech stocks down in recent days. The near-term outlook is murky due to uncertainty surrounding inflation interest rates geopolitical tensions and more.

Tech stocks are falling on Wednesday following recent earnings reports. That includes Alphabet GOOGL GOOG missing estimates. There are many challenges for tech stocks in the current environment.

Traders on the floor of the New York Stock Exchange. Microsoft MSFT also failed to wow. Meme stocks sensation shows no signs of slowing down.

The nasdaqhelmed by tech heavyweights apple microsoft amazon and teslasis now down nearly 5 from a closing. GOOGL shares are falling 17 as of this writing. The strength of major US.

Digital media company bilibilis. Two of their bigger funds the ark innovation etf and the ark internet etf both of which are very focused on high growth tech stocks are down. Sector rotation into financials as the Fed signaled a rat hike for December and more deregulation.

Heres a quick breakdown of how these tech stocks are performing as of Thursday morning.

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