5 Best Inverse-Leveraged ETFs of Last Week
ASMLASML Holding(ASML) Zacks Investment Research·2024-04-23 21:00

Last week witnessed the largest collective loss for the "Magnificent Seven" technology-related stocks, with a total of 950billionerasedfromtheirmarketcapitalizations,asquotedonMarketWatch.Thisfiguresurpassesthepreviousrecordlossof950 billion erased from their market capitalizations, as quoted on MarketWatch. This figure surpasses the previous record loss of 872 billion in January 2022. High inflation, talks of higher-for-longer interest rates in the United States, flare-ups in geopolitical crisis and receding euphoria about AI investments weighed on the risk-on trade sentiments. High growth stocks were especially- ...