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Market Watch (July 31)

2018/ 08/ 02 by jd in Global News

“Both Facebook and Netflix saw their shares fall into bear-market territory on Monday, defined by a decline of at least 20% from a recent peak, and nearly 40% of the S&P 500’s technology sector is in correction territory.” Some say there’s been a seismic shift, but “it remains to be seen if the recent moves represent a sea change for a reemergence for value, which has been overshadowed by growth plays, or if moves of the past few days are a blip.”

 

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