Tech stocks (and the stock market) are tanking thanks to rising interest rates

Tech stocks tanked today amid a broader stock market slide as nervous investors worried that the ten year bull run in public stocks may be coming to an end. The S&P 500 dropped 3.3 percent while Nasdaq composite index (which is the market where many of the largest U.S. tech companies are traded) lost 4% of its value, falling 315.97 points. The net result is that the hand of the market is crushing stocks and high growth technology companies are bearing the brunt of the beating. Learn more about your ad choices. Visit podcastchoices.com/adchoices