The Eight Words That Sank Tech Stocks

Markets had been nice and calm to start Thursday, but then Fed Vice Chair nominee said the central bank was ready to raise rates several times this year. That sent stocks into a tailspin and helped the Nasdaq lose 2%. Is that the nail in the coffin for the tech trade, or is there hope ahead? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.