‘Tapering’ Is Supposed to Be Bad for Tech. Why Did the Nasdaq Outperform the Dow?

barrons2021-05-20

Stocks dropped Wednesday as the Federal Reserve hinted at possible “tapering” in the minutes from its April meeting. That should have put an outsize dent into tech stocks, but that wasn’t the case.The...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • The_scalper
    2021-05-20
    The_scalper
    New word…..tapering
  • cozyli
    2021-05-20
    cozyli
    Like n comment pls. Thanks
  • LimLS
    2021-05-20
    LimLS
    Tapering may come sooner that we expected since Fed start to drop hints. Just be ready for it and prepare for the rise in yield
  • Ultraviolet
    2021-05-20
    Ultraviolet
    Like and comment please :)
  • mad276
    2021-05-20
    mad276
    like and comment pls
  • MagPie
    2021-05-20
    MagPie
    Tech is back in focus again
Leave a comment
29