Stocks Are Recovering. This Strategist Sees Opportunities Emerging in Tech.
Monday’s stock market slide was abating as the afternoon rolled on, but tech stocks continued to lag behind.
The Dow was down just 27 points, or about flat, heading into the final hour and a half of trading. The S&P 500 was down 0.4%. The Nasdaq Composite was down 0.7%.
A mix of semiconductor and consumer staple stocks were struggling on Monday heading into a week that will feature earnings reports from about a third of the S&P 500 companies.