The stock rotation continues out of high-tech and into cyclicals

Higher yields remain the catalyst The longs in the technology stocks continue to get hammered and the rotation into the cyclical continues as fears of interest rates have traders repricing the high flyers of 2020. The final numbers are showing: S&P index -20.72 points or -0.54% at 3821.23 NASDAQ index -310.98 points or -2.41% at 12609.16 Dow industrial average rose […]

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