Tech Stocks Extend Their New Year Stumble

From Wall Street Journal:

Tech stocks struggled in the first week of January with the Nasdaq Composite seeing its fifth consecutive day of losses. This marks the worst two-day start to the year since 2005. Amazon.com and Apple both had significant declines, with Amazon.com dropping 2.6% and Apple falling 1.3%. This drove the tech-heavy index down by 0.6%.

Overall, the tech stocks have not fared well in the first week of January, with the Nasdaq Composite experiencing its worst two-day start to the year since 2005. Amazon.com and Apple contributed to the decline, dragging the tech-heavy index 0.6% lower. This signals continued struggles for tech stocks in the market.



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