Investors’ search for safety has made toothpaste stocks more expensive than tech
Published . Updated .
Wall Street is fleeing tech for toothpaste and shampoo. Even those stocks are getting expensive.
Directly affected
- No company is named in this report.
Indirectly affected
- SPY SPDR S&P 500
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond
Long-term U.S. government bonds
- QQQ Invesco QQQ
Large technology stocks
- GLD SPDR Gold Shares
Gold can move with the broad market
Price reaction, T-5 to T+3
Wall Street is fleeing tech for toothpaste and shampoo. Even those stocks are getting expensive.
Source: MarketWatch
This story
12 out of 100
“Investors’ search for safety has made toothpaste stocks more expensive than tech” scores 12 out of 100. The score uses 1 sources.