Tech stocks set to sink on Tuesday after rough evening for ‘FANG’

Tech stocks set to sink on Tuesday after rough evening for ‘FANG’

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnbc.com/2018/07/16/tech-stocks-set-to-sink-on-tuesday-after-rough-evening-for-fang.html

Technology stocks are headed for a rough session on Tuesday after shares of Netflix, one of the momentum leaders of this bull market, tanked after earnings. Amazon shares fell as well.

The Invesco QQQ Trust exchange-traded fund, which tracks the Nasdaq 100 index, dropped 0.7 percent in after hours trading. The Nasdaq 100 is made up of the 100 largest stocks in the Nasdaq Composite.