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Sask Métis News – Tech Shares Lead Stocks Lower – The Wall Street Journal


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Sask Métis News – Tech Shares Lead Stocks Lower – The Wall Street Journal

U.S. stocks fell sharply Wednesday, extending their turbulent run as hopes for additional fiscal stimulus dimmed, coronavirus cases rose and investors continued to question the valuations of tech stocks. Stocks have whipsawed this week: the S&P 500 briefly neared correction territory Monday—defined as a retreat of 10% from a recent high—only to rebound Tuesday. One…

Sask Métis News – Tech Shares Lead Stocks Lower – The Wall Street Journal

Sask Métis News –

U.S. shares fell sharply Wednesday, extending their turbulent lag as hopes for extra fiscal stimulus dimmed, coronavirus conditions rose and investors continued to ask the valuations of tech shares.

Stocks salvage whipsawed this week: the S&P 500 briefly neared correction territory Monday—outlined as a retreat of 10% from a fresh high—most exciting to rebound Tuesday. One intellectual place on both days used to be the expertise sector, which confirmed indicators of stabilizing after dragging down indexes in outdated weeks.

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