Tech stocks (and the stock market) are tanking thanks to rising interest rates





Tech stocks (and the stock market) are tanking thanks to rising interest rates – TechCrunch





























Tech stocks tanked today amid a broader stock market slide as nervous investors worried that the 10-year bull run in public stocks may be coming to an end.

The S&P 500 dropped 3.3 percent while Nasdaq composite index (which is the market where many of the largest U.S. tech companies are traded) lost 4 percent of its value, falling 315.97 points. The net result is that the hand of the market is crushing stocks and high-growth…

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