Technology
Investors are triggering a recession outlook, with many saying the Fed’s decision to keep interest rates higher for longer, coupled with growing unemployment – figures showed unemployment rose to 4.3% in July, the highest in three years – and slower economic activity will begin to reveal serious cracks in the U.S. economy.
Need to Know News
- Recession fears have sparked a tech sell-off.
- Big-tech stocks are down against weaker trading volumes.
- Seeking alternative tech stocks could provide stability.
- Also: Discover the next NVIDIA
As investors off-load on big tech stocks, sparking a wider sell-off for AI stocks, seeking alternative options could help provide more stability as…
Source link