The Eight Words That Sank Tech Stocks
Markets had been nice and calm to start Thursday, but then Fed Vice Chair nominee said the central bank was ready to raise rates several times this year. That sent stocks into a tailspin and helped the Nasdaq lose 2%. Is that the nail in the coffin for the tech trade, or is there hope ahead?
January 13, 2022
43 min
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1,046 of 2,139
January 13, 2022
The Eight Words That Sank Tech Stocks
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CNBC Television Episodes Around January 13, 2022
Episode 1,046 of 2,139 — walk the feed in the order it was published.
The Eight Words That Sank Tech Stocks
Summary
Markets had been nice and calm to start Thursday, but then Fed Vice Chair nominee said the central bank was ready to raise rates several times this year. That sent stocks into a tailspin and helped the Nasdaq lose 2%. Is that the nail in the coffin for the tech trade, or is there hope ahead? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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