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REUTERS/Lucas Jackson Stocks erased gains for the year Tuesday, dragged lower by the biggest technology companies. FAANG stocks entered a bear market, marking the first in seven years for Google parent Alphabet. Follow the US indexes in real time here. Wall Street erased yearly gains Tuesday as high-flying technology companies plummeted into a bear market, adding […]
Wikimedia Commons FAANG stocks could be a victim of their own success in 2018, says Morgan Stanley. The outperformance of the tech-focused group could leave it vulnerable to some trend reversals that could weigh on performance, according to the firm. All good things must come to an end. Which is why Morgan Stanley has already […]
Sonja Pauen/Flickr Tech stocks continue their rollercoaster performance as FAANG stocks during Monday’s holiday-shortened session. The major tech stocks are all down, even as the Dow Jones Industrial Average hits all-time highs. Tech stocks have been propping up the Nasdaq this year, but recently the FAANG stocks have come under pressure. Here’s how the FAANG stocks […]
