Business
Software Stocks Are Beating the Market. Be Careful What You Wish For.
Well, that’s one way to get software stocks outperforming the market again.
The iShares Expanded Tech-Software Sector ETF, or IGV, was down 1% on Tuesday. Amid the broader market turmoil unfolding on Wall Street, that’s actually not too bad.
The S&P 500 was down 2.3%, while the S&P 500 tech sector was down 2.4%. The Nasdaq Composite was down 2.6%.
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