The Tech Sector’s Decline, Flat Treasury Levels, and a Continued Stock Sell-Off 12/16/22
The decline in the tech sector continues with outsized moves in the Nasdaq and Nasdaq 100 bringing everyone from Apple to Microsoft down yesterday. Cleo Capital’s Sarah Kunst gives her outlook for these beaten-down stocks. Plus, treasuries are remaining relatively flat following the Fed’s rate hike decision. TD Securities’ Priya Misra dives into market sentiment for bond investors. And, stock futures are looking to extend yesterday’s sell-off, with all the major averages in the red. Piper Sandler’s Craig Johnson and Crossmark Global Investments weigh in on the trading day ahead.
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