Stocks fell today, with the Nasdaq experiencing its worst session since 2011, as investors took profits by selling tech shares, among others. “The market is very skittish,” David Pavan, a portfolio manager at ClariVest Asset Management LLC in San Diego, California, said. “You see very sharp love and hate on a day-to-day basis. Today is a very strong preference for cheap stocks. Higher growth stocks get really hit hard.”
Nasdaq Sees Worst Day Since 2011 on Technology Sell-off
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