5 reasons why tech stocks are under pressure
Market Intelligence Analysis
AI-PoweredThe tech-heavy Nasdaq Composite is experiencing a decline of 1% since the start of the year due to various factors affecting tech stocks, including five key reasons identified by Wedbush Securities.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
The tech-heavy Nasdaq Composite (^IXIC) is down about 1% since the start of the year as a variety of worries have hit tech stocks. Wedbush Securities managing director Scott Devitt shares five factors that are driving the declines. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.
Analysis and insights provided by AnalystMarkets AI.