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There’s growing concern on Wall Street that the twin engines of this year’s tech-stock surge are at risk of sputtering. That was evident Thursday, when the technology-heavy Nasdaq 100 Index dropped by the most in five months as disappointing earnings reports from Netflix Inc. and Tesla Inc. dampened the outlook…
(Bloomberg) -- Wall Street strategists are increasingly voicing concerns about the concentration of Big Tech stocks in this year’s stock-market rally. But if history is any guide, there’s little reason to fear.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionWall Street Soothsayers Are Bewildered About What’s NextKremlin Says Turkey’s Return of Azov Defenders Violates AccordChina’s Flood of Plastic
Some investors are turning bullish on energy stocks, despite their disappointing performance this year and some major challenges facing Big Oil.
Some investors are turning bullish on energy stocks, despite their disappointing performance this year and some major challenges facing Big Oil.
Tech stocks have powered the stock index’s rally this year