Advertisement
Canada markets open in 3 hours 47 minutes
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7310
    -0.0010 (-0.14%)
     
  • CRUDE OIL

    82.96
    -0.40 (-0.48%)
     
  • Bitcoin CAD

    90,785.02
    +237.55 (+0.26%)
     
  • CMC Crypto 200

    1,433.82
    +9.72 (+0.68%)
     
  • GOLD FUTURES

    2,327.20
    -14.90 (-0.64%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • NASDAQ futures

    17,691.50
    +84.75 (+0.48%)
     
  • VOLATILITY

    15.85
    +0.16 (+1.02%)
     
  • FTSE

    8,080.50
    +35.69 (+0.44%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • CAD/EUR

    0.6837
    +0.0001 (+0.01%)
     

Tech Sell-Off: Where to Invest $5,000 for the Next 5 Years

Tech Sell-Off: Where to Invest $5,000 for the Next 5 Years

Technology stocks have lost their bearings in the first month of 2022, as evident from the 18% decline in the NASDAQ-100 Technology Sector index. Higher interest rates are bad news for technology stocks because investors are tempted to put their money into safer assets such as bonds or value stocks instead of richly valued companies. Let's see why putting $5,000 into these potential growth stocks could be a good idea amid the market correction.