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08Mar2021 Market Close: DOW Dominates, Set New Record High As Tech Wrecks, DOW Closes Up 306 Points, Nasdaq Dumps -2.4%, Gold Prices Slide To 10-Month Low 1681

Cathie Wood made the first appearance in her MondayÂ media tour when she took to CNBC at 3PM eastern to talk about the tech rout, which has crushed numerous ARK ETFs. ARKK was plumbing new lows when the conversation started with the woman who has captured the attention of Wall Street , as CNBC s Wilfred Frost introduced her.
About The Sell Off
When asked how concerned she was about the market, Wood did not attribute the tech pullback to rates rising.Â We ve been struck that the market never priced in 0.5%, 1% or 1.5% interest rates, she said. Over time markets have used a normalized 3% to 5%, and we don t think that s why the market is correcting. ....

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Названы российские претенденты на участие в «Евровидении»

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