Published on 5 May 2022 on ETF.com via Yahoo Finance
Nasdaq Index Sees Worst Monthly Performance Since 2008
[Editor’s note: This article originally appeared on ETF Stream]
London – The Nasdaq Composite posted its worst monthly performance since the 2008 Global Financial Crisis (GFC) in April as investors went risk-off on the prospect of rising interest rates and weaker than expected earnings from major US tech giants.