If Not Rates, What’s the Culprit in the Tech Sell-Off?

The Nasdaq plunged 2.7% Wednesday, with Apple, Amazon, Microsoft and Alphabet losing a combined $175 billion in market cap. But rates, while up on the day, were below levels hit last week. So what’s to blame for the plunge in big tech. Plus the parent company of Rocket Mortage seeing shares come back down to Earth today. We take a look at some of the other names that could get caught up in the Reddit Rebellion. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.