Nasdaq, tech stocks coming out of correction: Here's what recent market history says about rebound lasting

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Here's what recent market history says about Nasdaq, tech stock rebound lasting

September has brought both an all-time high and a technical correction for the Nasdaq Composite Index.History says when the Nasdaq sells off as fast as it recently did, investors should not let fear linger.. After hitting an all-time high on September 2, crossing above 12,000 for the first time ever, the Nasdaq dropped by over 9% within a week and entered a technical correction.

No surprise: the selloff in the tech-heavy stock market index was led by some of the biggest names in tech. The, also known as XLK and which tracks the stock market's leading sector, also had recent losses greater than 10%. But this week, the Nasdaq, and some of the hottest technology stocks that have led the recent bull market, like

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I will not read your article because history tells us nothing !! today and everyday , everybody should be buying stocks handover fist!! only losers sell !! Good advice sell and then put your money in the bank and earn 0.01% !!!

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow Rises Over 300 Points As Tech Stocks Continue To ReboundThe Dow increased over 300 points today as tech stocks continue to rebound by skleb1234
Source: Forbes - 🏆 394. / 53 Read more »

Here's what happened to the stock market on MondayA flurry of corporate deals and renewed hope around a coronavirus vaccine led to a broad market rally on Monday. Another bullrun stempedes the WS on the calculation of how the WS grabs the possible $1T package. On top, Biden will demolish crazy trump's paranoid of foreign market in his WH closet with kudlow chicken. Let's hope the markets continue to show improvements in all sectors. Volatility will always be on the minds of investors and traders as a bounce back looks possible in the upcoming months remaining in 2020!
Source: CNBC - 🏆 12. / 72 Read more »