: Tech stocks just had their best January in decades — here’s why that may not be a good sign

by | Jan 31, 2023 | Stock Market

Technology stocks had their best start to a year in more than two decades, but that could actually be an ominous signal. The Nasdaq Composite Index COMP rose 10.7% in the first month of 2023, its best January performance since a 12.2% gain in 2001, according to Dow Jones Market Data. But that 2001 rally went on to cool in a big way: The Nasdaq plunged 29.7% through the rest of the year. In…

Article Attribution | Read More at Article Source

Share This