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Investor Sentiment toward Tech Stocks Stays Negative

Paige Tanner
Investor Sentiment toward Tech Stocks Stays Negative

NVIDIA’s Selling Opportunity Is Gone—Time to Buy? After two years of strong growth, the tech sector became bearish over United States-China trade tensions, the rising Federal Reserve interest rate, and the slowing global economy. Over the last few months, the SPDR S&P 500 Trust ETF (SPY) and the tech-heavy NASDAQ (NDAQ) have fallen more than 8% from their 52-week highs.