Stocks Favored in ‘Reopening Trade’ Hit Turbulence

  • 📰 WSJ
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Stocks that benefited most from the shift to working from home have fallen hard, while highflying tech companies and SPACs have tumbled from recent highs

The sectors that benefited most from the pandemic-inspired shift to working from home have fallen hard since late January, as rising interest rates pushed investors into investments promising surer returns. Hot technology firms and blank-check merger companies have tumbled from their highs, pushing the Nasdaq Composite Index down 8% from its latestExercise bike maker Peloton Interactive Inc. is off 38% from its mid-January high, partly reversing its fivefold gain last year.

But the carnage hasn’t been limited to tech. Lately, the firms that were supposed to benefit from the economy’s reopening have slumped too. The Russell 2000 index of smaller stocks has fallen 7.5% from its March 15 high. Tupperware Brands Corp. has fallen 35% from its Jan. 11 high after more than doubling last year. Watchmaker Fossil Group Inc., up 173% between the end of December and Jan. 27, has fallen 52% from its high.

The pullbacks are noteworthy at a time when the broad market indexes continue to trade near record highs. Many portfolio managers believe the outlook for stocks remains good, with the economy expanding at a healthy clip,

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Redmond577 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

I'm no expert in trading 💹 cryptocurrency but i have made $20000 with just $5000 investment, i had good guidance with Mr Abrantes Rene and his team, it is more than eye 👁‍🗨 opening, with his trading skills i had nothing but continuous success Contact him 👇👇👇👇 abrantesrene

Take is from a kid, Dont sale, instead buy more and hold...it will payoff. If you sell on need, ask 5times as much for what you paid...

It is happening in US. Be careful 1) More vaccinated, More COVID infected and dead. 2) The hedge funds and bankers are so greedy to playing leveraged US stock without real holding as Archegos. They are supported by FED's unlimited QE or bond buying for treasure transition.

Jerusalém de cima é Sara a IGREJA livre. Jerusalém de baixo é Agar a IGREGA escrava do pecado!

Because we are in an all time historically large bubble?

Tech companies are doing great sell ... of your data

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blakescott64 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

Nice

Cellframe

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 98. in BE

Belgique Dernières Nouvelles, Belgique Actualités