Advertisement
Canada markets open in 2 hours 21 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

    0.7308
    -0.0012 (-0.17%)
     

  • CRUDE OIL

    82.77
    -0.59 (-0.71%)
     

  • Bitcoin CAD

    90,910.86
    +474.74 (+0.52%)
     

  • CMC Crypto 200

    1,434.48
    +10.38 (+0.73%)
     

  • GOLD FUTURES

    2,329.90
    -12.20 (-0.52%)
     

  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     

  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     

  • NASDAQ futures

    17,695.50
    +88.75 (+0.50%)
     

  • VOLATILITY

    15.86
    +0.17 (+1.08%)
     

  • FTSE

    8,088.68
    +43.87 (+0.55%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • CAD/EUR

    0.6834
    -0.0002 (-0.03%)
     

Massive pullback in tech stocks is a buying opportunity for some: 'We love seeing the panic'

Thomas Franck

The steep sell-off in tech stocks leaves many investors wondering what happened to the once red-hot trade and where to go next. Several top portfolio managers blame a sharp rise in borrowing costs, lofty valuations and a deteriorating trade relationship between the U.S. and China. Dan Niles, founding partner of AlphaOne Capital, says he took advantage of the stress to buy tech shares like Alphabet that aren't exposed to China.

Continue reading