You would be hard-pressed to find an international tech stock that has performed well in 2022.
The conflict has created volatility in global markets, with significant uncertainty around business performance due to sanctions and disruptions in the trade of goods and services., claimed there were several factors driving investor sentiment and affecting the trading of shares, including:Rising inflation rate in the US, higher interest rates specifically can lead to businesses amending or pausing plans for growth, which could cause investors to sell assets and take profits.
With interest rates at high levels, safer savings instruments such as high-yield savings accounts or certificates of deposit become more attractive.The applicable period in our assessment is from markets opening on Monday, 3 January 2022, until the close of the market on Wednesday, 16 March 2022.There are very few tech stocks that have climbed in the year-to-date.