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The Wall Street Publication > Blog > Markets > Tech Stocks Erase Losses, Finish Positive
Markets

Tech Stocks Erase Losses, Finish Positive

Editorial Board Published January 10, 2022
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Tech Stocks Erase Losses, Finish Positive
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The S&P 500 and Dow Jones Industrial Average fell on Monday as government bond yields continued to rise, signaling that investors expect the Federal Reserve to move quickly in raising interest rates.

But in a bright spot for investors, an afternoon rebound erased losses in technology stocks and pushed the Nasdaq Composite to a small gain. The Nasdaq closed the day with an increase of 6.93 points, or less than 0.1%, to 14942.83.

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