Nasdaq 100 Tumbles 2% With Tech Leading Stock Rout (Yellen Hints At Rate Increases)

by confoundedinterest17

When I was at Ohio State University, Steve Buser and I started the Student Investment Management (SIM) program in 1990 with $5 million from OSU’s endowment fund. It was a fun class to teach and we were featured in Time Magazine, Barron’s, the BBC and United Airlines in-flight news, among others. So, today’s news was always fun to talk about. Like this …

Volatility gripped financial markets as a selloff in some of the world’s largest technology companies dragged down stocks. Treasuries climbed with the dollar.

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