Bloomberg
Massive Nasdaq Rally Springs From Deepest Hole in Three Decades
(Bloomberg) — A day after the Nasdaq 100 fell more than 10% from a record into a technical correction, the tech-heavy benchmark made a resounding comeback.With roughly a quarter of the index’s members surging more than 5%, the Nasdaq 100 ended Tuesday up 4% for the best rally since November. ARK Innovation ETF, star manager Cathie Wood’s flagship fund that has suffered losses of at least 10% in each of the last two…
Source link
