Scenes from the tech rout: two charts show the carnage
FROM THE WIRE · FINANCE.YAHOO.COM
Yahoo Finance Executive Editor Brian Sozzi takes a closer look at Thursday's historic market sell-off and digs deeper into what it all means for the tech trade. Video Transcript 00:00 Speaker A Tech is approaching the average pullback seen during this bull market. 00:04 Speaker…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe tech sell-off weighs on the S&P 500 and the tech trade.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The tech pullback is about 16%, according to the analyst.
- 02The commentary cites past tech declines of 18% and 27%.
- 03Thursday's sell-off is described as historic.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets