#dowjonesfallsover500points
Dow sank 506 points
Thursday.
Headline pins it on
GOOGLE
.
The real pressure was rising bond yields plus fresh worry that mega caps Alphabet and Tesla are ramping spending again.
Higher yields make every future earnings dollar worth less right now.
Layer on bigger outlays from the giants and the market starts doubting how clean those earnings stay.
That double hit dragged the broader tape lower.
Growth names in your portfolio feel this squeeze first.
$PYTHIA
$STRIKE
$LISA
Dow sank 506 points
Thursday.
Headline pins it on
.
The real pressure was rising bond yields plus fresh worry that mega caps Alphabet and Tesla are ramping spending again.
Higher yields make every future earnings dollar worth less right now.
Layer on bigger outlays from the giants and the market starts doubting how clean those earnings stay.
That double hit dragged the broader tape lower.
Growth names in your portfolio feel this squeeze first.
$PYTHIA
$STRIKE
$LISA