Tech-Fueled Sell Off Sparks Market Slump

Worries of over inflation have reached a peak causing a technology-led sell off that started on Wall Street but has really set off traders across the world to rid their portfolios of expensive stocks.

Among the tech sell off, the biggest hit was had by the pandemic winners, whose valuations often depend on earnings prospects far into the future who are now at the center of this inflation fueled selloff. A big example was Cathie Wood’s Ark Innovation ETF, which dropped more than 3% in premarket trading after dropping 5.2% yesterday.

Tune in to hear what's moving Tuesday's market and where to trade to end up in green.