Y2K is back in a massive way in the fashion entire world, but record isn’t just repeating itself on the runway. The stock current market seems to be nostalgic for the early 2000s, as it is after again turning its again on tech.
There had been handful of sites for traders to disguise in this year’s massacre, but people exposed to the tech-major
Nasdaq Composite
index without doubt had it the worst. By the close Friday, the previous investing working day of the calendar year, the Nasdaq had plummeted 33.1% in 2022, falling 8.7% in the past thirty day period by yourself.
Y2K is back in a massive way in the fashion entire world, but record isn’t just repeating itself on the runway. The stock current market seems to be nostalgic for the early 2000s, as it is after again turning its again on tech.
There had been handful of sites for traders to disguise in this year’s massacre, but people exposed to the tech-major
Nasdaq Composite
index without doubt had it the worst. By the close Friday, the previous investing working day of the calendar year, the Nasdaq had plummeted 33.1% in 2022, falling 8.7% in the past thirty day period by yourself.