HomeTrading NewsWhy the Fed’s pivot on inflation is hitting certain tech stocks so hard, while helping Apple

Why the Fed’s pivot on inflation is hitting certain tech stocks so hard, while helping Apple

Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hearing on the CARES Act Oversight at the Senate Office Building on Tuesday, Nov. 30, 2021 in Washington, DC.

Kent Nishimura | Los Angeles Times | Getty Images

The “Powell Pivot” is causing big moves in tech valuations.

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