A rally in technology shares helped the stock market snap a three-week losing streak. There are already signs that reprieve may be short lived.
Investors are bailing out of technology-focused mutual and exchange-traded funds at the fastest clip since early February, when the tech selloff was first intensifying, according to data from Refinitiv Lipper. They yanked about $2.4 billion from such funds in the three weeks ended Wednesday.
Source: https://www.wsj.com/articles/outlook-for-tech-stocks-darkens-after-rocky-stretch-11662774112?siteid=yhoof2&yptr=yahoo