Technology shares were under pressure yet again on Thursday, pulling lower all the 3 major Wall Street indexes, as investors fretted about bloated valuations. The technology sector has risen 16.7% this year, far outperforming other sectors and giving investors a chance to lock-in gains.
The tech-heavy Nasdaq Composite has also surged 13.7%, compared with the S&P 500's 8.2% gain for the year.
No comments:
Post a Comment