ASX set to jump as Wall Street recovers from early losses - Sydney Morning Herald
4/7/2022 12:00:00 AM3 years 10 months ago
by Isabelle Lee and Emily Graffeo
by Isabelle Lee and Emily Graffeo
A late-afternoon rebound led by technology companies helped drive stocks higher on Wall Street, lifting the market from an early slide.
Higher interest rates can make pricey growth stocks, like those of Big Tech companies, look less attractive relative to their earnings. Tech stocks have been among the biggest drags on the market the… [+3457 chars]
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