(CNBC) For the first time in five years, tech investors aren’t the life of the Wall Street party. As 2021 winds down, the tech-heavy Nasdaq Composite is up 23% for the year, trailing the S&P 500, which has climbed 28%, through Monday. The last two times the S&P 500 topped the Nasdaq occurred in 2016 and 2011.
Nasdaq is poised to underperform S&P 500 for first time since 2016 as investors shun tech stocks
This entry was posted in Syndicated. Bookmark the permalink.