Dip buyers flock to tech funds after earnings spark rout

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Explore stories from Atlantic Canada.

SaltWire's Atlantic regional weather forecast for October 27, 2023 | SaltWire - Bargain hunting drove investors to exchange-traded funds tracking technology companies after shares fell sharply on mixed earnings from heavyweights.

The fund's price fell nearly 4% in the week, as mixed results from megacaps like Alphabet weighed on the sector. However, worries about higher-for-longer interest rates have stalled the momentum and set the benchmark on course for monthly losses.

 

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

 /  🏆 45. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines