Investors Pull Back from Tech Stocks, Curtiss-Wright Dips

Market Rotation: Investors Cash Out Tech Stocks, Curtiss-Wright Dips - Todays podcast delves into the recent stock market movements, focusing on investors pullback from high-flying tech stocks. This trend, known as market rotation, sees money shifting from overpriced tech to potentially more stable market areas. Despite a notable drop in Curtiss-Wright stock, the company has performed well this year, up over fifty percent since January. The recent end of a government shutdown and upcoming economic reports contribute to a cautious mood, leading to selling the news and short-term market adjustments. However, Curtiss-Wrights long-term growth potential remains strong, with a five-year investment of one thousand dollars now worth over four thousand five hundred dollars.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.