Nasdaq slumps more than 4.5% for the week as high-flying tech stocks bleed By Investing.com
• The Nasdaq Composite index fell more than 4.5% over the past week, driven by a significant sell-off in high-growth technology stocks. • The market downturn coincided with the release of critical inflation and economic growth data on Thursday, which influenced investor expectations. • These shifts are significant as they impact the outlook for future monetary policy and interest rate decisions by central banks.
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