Tech stocks emerge as haven in sell-off fueled by bank worries

Tech stocks emerge as haven in sell-off fueled by bank worries

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Investors are gravitating toward big technology stocks as banking crisis worries rock U.S. markets, hoping the shares are better positioned to withstand a possible economic downturn and will benefit from a steep drop in bond yields. As of Wednesday, the S&P 500 technology sector was down 1.7%…

#siliconvalleybank #appleinc #microsoftcorp #intelcorp #matthewmiskin #treasury #federalreserves #healthcare

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