Mega-cap tech stocks post longest losing streak of 2023
Investors remain concerned about tighter policy amid stubborn inflation.
Mega-cap tech stocks slumped for a third straight week — the longest such streak in 2023 — as fears of higher global interest rates weighed on sentiment while bonds bounced off multiyear lows.
Stocks ground higher in the final minutes of the session in moves likely exacerbated by Friday’s
Learn more about reprints and licensing for this article.
