Why Is the Nasdaq Still Falling on Monday?
If you're looking at the stock market on Monday, you might be confused by what you see. Many of the most popular benchmarks are up sharply for the day, buoyed by hope for economic stimulus measures that could help more people recover from the financial impact of the pandemic. Yet the Nasdaq Composite (NASDAQINDEX: ^IXIC) continued to give up ground, falling more than half a percent as of 1 p.m. EST.
It's never fun to see the broader market soar while your stocks get left behind. But as investors in high-growth stocks know all too well, sometimes some of the most powerful companies in the world have to go through market corrections, and that appears to be what's happening here.
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Source Fool.com
