

cnbc said that The recent jump in interest rates and rising fears of inflation could hit one group of stocks particularly hard, according to Goldman Sachs.
David Kostin, the firm’s chief U.S. equity strategist, said in a weekend note that tech companies that weren’t yet profitable seem to be bearing the brunt of the recent struggles for the stock market.
How useful was this post?
Click on a star to rate it!
Average rating / 5. Vote count:
No votes so far! Be the first to rate this post.
CNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.