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Add as a preferred source on GoogleMorgan Stanley Tech Gauge Falls Further Than in Dot-Com Bust
The S&P 500 Momentum Index is also posting one of its sharpest stretches of underperformance.
A Morgan Stanley gauge tracking momentum in technology, media and telecom stocks has fallen more from its highest point in the past 12 months than it did during the dot-com bust. Separately, the S&P 500 Momentum Index is experiencing one of its sharpest stretches of underperformance.
The readings describe two distinct market measures: one focused on technology, media and telecom stocks, and another tied to the S&P 500.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.