WHY $SPDR DJIA ETF(DIA)$FELL BY ALMOST 1%?
As US bond yields inched higher, US stock market is reacting negatively with megacap stocks such as $Amazon.com(AMZN)$ & $Apple(AAPL)$ leading the losses.
Investors are weighing in the likely further interest rate hike by Fed and typically with a rate hike, tech and growth stocks suffer the most.
However, fellow Tiger community, don't be disheartened! If you are invested in great businesses, continue to DCA into the market. In such panic sell off, it might be a good time to scoop up somegreat value shares. All the best! Invest Safe!
@TigerStars@Daily_Discussion@MillionaireTiger@CaptainTiger
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