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Explained: Why tech stocks on Wall Street look vulnerable?

Updated : March 05, 2021 08:51 AM IST

The markets witnessed rotation from growth to value stocks on Wednesday as rising bond yields crashed into bullishness surrounding growth stocks.
That and ADP’s monthly employment data showing job growth missing expectations spurred selling of tech stocks, dragging Nasdaq down.
Published : March 04, 2021 05:56 PM IST

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