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.