Tech Selloff Prompts Bets Against U.S. Stock-Market Supremacy!– OnMyWay Mobile App User News

U.S. shares beat foreign counterparts last year by the biggest margin since 1997. Some investors are betting that rising interest rates and a tech swoon could bring America’s winning streak to an end in 2022. Investors dumped tech stocks, pushing the Nasdaq Composite Index to its worst loss since February.

Some investors are betting that rising interest rates and a tech swoon could bring America’s winning streak to an end in 2022. Federal Reserve meeting minutes pointed to a possible rate increase in March. Investors dumped tech stocks, pushing the Nasdaq Composite Index to its worst loss since February. Futures on Thursday pointed to further losses in tech shares.

MSCI index tracks stocks in 49 developed and emerging markets, excluding the U.S. Hammered by a regulatory clampdown on tech companies and worries about the property sector, Chinese stocks trailed the pack. As measured by MSCI, the market returned minus 22% in dollars.

The direction of government-bond yields will help determine whether the U.S. market streaks ahead again this year. Rising interest rates ding the share prices of companies with profits far in the future. The Paris-based fund manager has allocated more money to small-cap US stocks.

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