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6 Tech Stocks in Trouble Today

William Roth

U.S. equities sliding lower on Friday as renewed concerns about U.S.-China trade relations weighs on sentiment. It also didn’t help that this week’s Federal Reserve interest rate cut wasn’t well received as chairman Jerome Powell downplayed expectations that the 0.25% cut was the start of a prolonged easing cycle. Instead, he suggested it was a mere mid-cycle correction.

Not what the cheap money junkies on Wall Street wanted to hear.