why are tech stocks going down today

The last couple of weeks has been pretty rough for tech stock investors. One of the key drivers of todays price action among tech stocks is bond yields.

Top Tech Stocks For May 2022

One Of The Key Drivers Of Todays Price.

. March 18 2021 810 am ET. This caused a waterfall effect as. With bond yields on the rise tech-forward indexes are.

Read why tech stocks are down here. Today with tech stocks down once again investors are left pondering what the future may hold for the broader market in 2022 and beyond. It gets even worse when you are dealing with high-growth equities.

Well for one the economy is expecting some relatively. Tech Stocks Are Getting Crushed Again Because Yields Wont Stop Rising. Despite many of these businesses delivering impressive growth and cash flows shares have been.

Investors appear to be remaining bearish on the outlook for technology companies. The Nasdaq fell into a bear market and more turmoil may be coming. You have Netflix you have Okta you have Align Technologies PayPal Lucid really names that a lot.

The higher rates go the lower the present value of that future stream of earnings. 23 2021 Published 1147 am. By admin On Jan 7 2022.

Whats Behind the Selloff. Why Else Are Stocks Down Today. By midday Tuesday Amazons shares were trading more than 40 below the companys 52-week high of 377308 a level previously unseen since February 2020.

The current worry from investors also includes Omicron spreading quickly over the holiday season. Long bond yields have continued higher in response to. Tech stocks are taking a beating on Tuesday and theres a couple of reasons worth noting detailed in our market update for todayMore From InvestorPlace Why Everyone Is.

Tech investors may already be questioning their hopes for 2022. All it took for valuations to start dropping is a small surge in Treasury rates. Today has been relatively weak in terms of price performance for most tech stocks.

Technology stocks are partially to blame right now for the markets overall tumble. A 33 slide for the technology-heavy Nasdaq Composite index Wednesdaypart of a broader market. 2022 has been particularly unkind to the tech sector.

Jim Paulsen chief investment strategist at The Leuthold Group said the following the CNBC about why tech. InvestorPlace - Stock Market News Stock Advice Trading Tips. That helps explain why tech stocks as well as other stocks are down today.

Tech was already near monthly resistance and the ECB said this morning that the US markets were overstretched which triggered a rush to take profits. On top of this tech stocks were reaching. Amidst the SP 500s third consecutive weekly drop whats going on with the tech powerhouses at the top of the markets.

Of course there I am right in the smack of that really plunging stock price. Why Are Tech Stocks Down Today. High Sensitivity to Interest Rates.

The question every investor seems to be asking right now is why are tech stocks down. High growth tech stocks are susceptible to changes in rates as higher interest rates mean lower future earnings potential. Why is the stock market down today.

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 28 and 26. This caused a waterfall effect as everybody rushed to get out. To be sure this market recovery.

People will be going outside. The market is essentially telling us that 15 is too.

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