Wall Street's main indexes have dropped to start the year. Previously popular technology stocks dropped as expectations of rate hikes pushed U.S. Treasury yields to fresh two-year highs. Investors in the Nasdaq Composite Index, and technology-focused ETFs such as Cathie Wood’s ARK Innovation ETF (“ARK”), have been particularly penalised. As of January 1…
Keep reading with a 7-day free trial
Subscribe to 𝑉𝑎𝑙𝑢𝑎𝑏𝑙 to keep reading this post and get 7 days of free access to the full post archives.