Tech stocks were the weakest link on Monday, driving global eq | ForexTime
Tech stocks were the weakest link on Monday, driving global equities lower as higher Treasury yields fuelled the rotation from growth to value companies.
The stock market darlings of 2020 were turning out to be the most unloved this year with Tesla and Zoom Video Communications just a few examples.
In the commodity arena, Gold snatched our attention after dipping below $1680. Given how the zero-yielding asset was under the mercy of an appreciating Dollar and rising bond yields, the path of least resistance was south... Read More (https://www.forextime.com/market-analysis/week-review-tech-rebounds-inflation-fears-ease-stimulus-becomes-law)
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