Here's what typically happens to the market next after big tech stock washouts like this one

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

New for subscribers: Here's what typically happens to the market next after big tech stock washouts like this one Check out CNBCPro today.

index to slide from a record high into correction territory amid a massive sell-off in the tech sector. But history suggests that sell-offs of this magnitude are typically followed by strong rebounds a few months down the line, according to data from Bespoke Investment Group.

 

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

Pro These old fart guests you have need to stop saying the economy is good because the markets are good! Wall Street ISN’T Main Street!

Pro Empresa gigante como a Apple nunca irá desvalorizar.

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 İE

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Tech stocks plunge after last week's big sell-off—Here's what experts are watchingTechnology stocks plunged after last week's big sell-off. Tesla was down after the S&P Dow Jones Indices failed to add the surging and speculative stock to the S&P 500 after the bell Friday. Other hot Nasdaq stocks were hit hard in early trading. Facebook, Amazon, Netflix, and Google-parent Alphabet were all down in premarket trading Tuesday. Here's what seven experts say they're watching. Buy $TSLA. This “plunge” was to shake off the weak hands. Are you looking for a professional, clean and unique logo design ?! Here i am. I will provide you a minimalist, professional and clean logo for your brand/company. Order now :
Source: CNBC - 🏆 12. / 72 Read more »

European stocks lose nearly all of Monday’s rally after rough Wall Street restartEuropean stocks reversed ground after tech stocks sold off again on Wall Street.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market live updates: Tech wreck continues, Tesla plunges, Apple falls 4%This is CNBC's markets live blog that will be updated throughout the day. The dumb money was suckered in, now it's having the rug pulled out from underneath them by the smart money. Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested. MAGA?
Source: CNBC - 🏆 12. / 72 Read more »

The bull market has plenty of room to run, but a 10% selloff can’t be ruled out, says GoldmanGoldman Sachs has a few reasons why the bull market has further to go: 1. We're in a “hope” phase of a new investment cycle following a deep recession 2. Vaccine = durable economic recovery 3. Economists revising up forecasts Euh... wasn’t this supposed to be last weeks article, we’re now in crises article territory 🚨 BUY $BIGC 🚨 When people stop updating their smart phones too often, how would the stock go up and why?
Source: MarketWatch - 🏆 3. / 97 Read more »

Tech stocks are 'not in a bubble,' how investors should position: UBS - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »