WATCH: What to expect from US tech stocks

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Business Day TV talks to Schalk Louw, wealth manager at PSG Wealth

An employee passes share price information displayed on an electronic ticker board inside the London Stock Exchange Group’s offices in London, the UK. Picture: BLOOMBERG VIA GETTY IMAGES/LUKE MACGREGOR

The global interest rate hiking spree has weighed on US Tech stocks, with the Nasdaq index losing 25.8% year-to-date. Business Day TV unpacked the factors weighing on the sector with Schalk Louw, wealth manager at PSG Wealth.

 

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