Tech stocks got pummeled on Tuesday, after another hot inflation number essentially guarantees that the Fed will stop propping up markets—soon.
The tech-heavy Nasdaq Composite dropped 1.1%. The S&P 500 fell 0.8% and the Dow Jones Industrial Average fared the best, down 107 points, or 0.3%.
Tech stocks look to be in deeper trouble. The Nasdaq…
Source: https://www.barrons.com/articles/stock-market-today-51639478810
