Have stocks reached an impasse? For the last six months, the market has bounced back in a V-shape despite the havoc COVID-19 has wreaked, spurring an unprecedented economic and financial backdrop. Standing at the front of the pack has been the tech sector, with the space holding up strong. That is, until a few days ago. According to Bespoke Investment Group, Thursday September 3 marked the Nasdaq’s largest one-day drop from a record high in its history. The following session also saw the index land in the red. Weighing in on the decline is five-star analyst Daniel Ives, …read more
Source:: Yahoo Finance
