Tech selloff remains a concern after Fed hike, tepid economic growth
Posted: Sat Jun 17, 2017 4:28 pm
MarketWatch - 6/17/2017 - Wallace Witkowski - As tech shares continue to sell off, investors are focusing more on how that market-leading sector will dictate the direction of the broader benchmarks in the coming week as the Federal Reserve has signaled a commitment to tightening and economic data remain lackluster. On Friday, the Dow Jones Industrial Average DJIA, +0.11% closed at a record, notching weekly gains for a fourth straight week, while the S&P 500 index SPX, +0.03% finished fractionally higher, and the Nasdaq Composite Index COMP, -0.22% sank 0.9% for the week. Read more @ http://www.marketwatch.com/story/tech-s ... =rss&rss=1