Stocks tumble in broad sell-off, with Dow down 450 points

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Stocks tumble in broad sell-off, with Dow down 450 points

“After a banner tech earnings season led by Apple, Amazon, Microsoft and other tech stalwarts these stocks sold off hard as multiples compress and the bulls are starting to throw in the white towel on inflation jitters,” Dan Ives, an analyst at Wedbush Securities, wrote in an email to The Post. “The tech bears are saying inflation is looming and the WFH trade is done with rotation fears crushing tech stocks, which we believe creates a long term buying opportunity rather than a time to panic.”



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