why are tech stocks down today reddit

Inflation Fears Are Up Supply Chain Issues Arent Down. Interestingly enough mega-cap stocks have not.

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Big Tech stocks arent doing so hot on Friday and it looks like traders have Snap NYSE.

. A friend just messaged me saying that his portfolio lost 10 of its value recently and that this was complete doomsday. Having trouble understanding why many tech stocks are down today. Why are tech stocks down today reddit.

Most tech stocks right now fall into that growth range. Tech is slowing taking over most other services. Why Are Tech Stocks Down.

September saw the CPI increase more than expected. 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. Theres growing concern that.

The markets are still heading lower two days after the Federal Reserve delivered its fifth consecutive rate hike this year. I dont think thats fair. Why Are Tech Stocks Down Today.

Tech stocks are dropping on the latest Consumer Price Index CPI report. Tech was already near. Heavy selling in high-growth areas of the market has driven many high-profile tech stocks down in recent days.

The nasdaqhelmed by tech heavyweights apple microsoft amazon and teslasis now down nearly 5 from a closing. Technology stocks are crashing what now. Yet the economy seems fine.

6 days ago. The problems from Snap are found in its earnings report for the third. Meme stocks sensation shows no signs of slowing down.

Stocks fall to start the week as tech stocks drag down market nasdaq loses 25 published sun may 9 2021 605 pm edt updated. Why All Crypto Going Down Today Reddit. Think about conferences where people used to fly airline and oil profits now they.

1 end of the month funds re-balance stocks go up to start the. If you did your research and believe in the company then relax. On top of inflation fear there are a number of thorns in the side of the tech industry that still.

Dont know if you watched any of the pre-market Wednesday or Thursday but Cramer was just about throwing up all over himself about tech GOOG in particular. Why are tech stocks down today reddit. So why are tech stocks down if they are more important than ever.

This has traders worried about heavy. As a result shares of. Most people here are heavy into Nasdaq which dropped 2-3 and that was dragged esecially down by the growth stocks which dropped more than that.

Judging by the futures the. Stocks are down big today and the SP 500 and Nasdaq Composite are on track to lose 25 and 35. For one the Fed introduced a low-interest environment to stimulate economic growth.

Stocks fall to start the week as tech stocks drag down market nasdaq loses 25 published sun may 9 2021 605 pm edt updated mon. While the Fed was much of the focus of today its not the only reason stocks are down. Retail sales data released today showing no change month-to-month came in below.

If youre buying stock for 100 expecting it to go to 200 in the next 2-5 years - why do you care if it went down to 80 short term. GM reported a bounceback in China sales for Q3 of this year where it sold 629900 vehicles up about 1 from a year ago. Everything is down because of a calendar double whammy.

Probably why GOOG got the.

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