Investors find much to like about high tech, Even though the bottom of the market is not in sight
Even if the Federal Reserve raises interest rates and sends technology stocks tumbling. It will only make it harder to stay out of this sector. On the other hand, there is a lot of good news. The Nasdaq 100 Index is 35% cheaper than its 2020 peak, and giants like Apple still have money in the bank. Earnings prospects show no signs of a major slowdown. The index fell 0.8% on Thursday and is down about 30% this year. The Fed, however. Heading into Wednesday’s monetary policy meeting, some in…
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