Tech stocks back as a safe-haven trade as banking crisis unfolds: Analyst

Tech stocks back as a safe-haven trade as banking crisis unfolds: Analyst

Upworthy

Published

Tech stocks are back en vogue as a safe-haven trade amid a rolling global bank crisis that has culminated (so far) with UBS buying ailing Swiss rival Credit Suisse. The tech-heavy Nasdaq Composite (^IXIC) is down less than 1% over the last month, outperforming the S&P 500's decline of 3.7%,…

#ubs #nasdaqcomposite #yahoofinance #kbwbank #siliconvalleybank #sivb #signaturebank #firstrepublic #wedbush #danives

Full Article