Wall Street humbled as fast-reversing markets confound the pros
Sat, Apr 27, 2024 10:20 AM

Wall Street humbled as fast-reversing markets confound the pros

A Flip by Riya Sharma
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“Stick to value stocks,” the Pacific Investment Management co-founder posted Thursday morning on X, formerly known as Twitter. “Avoid tech for now.”Just a day later, the tech-heavy Nasdaq Composite Index notched its best session since February after Microsoft Corp. and Alphabet Inc. showed the AI earnings bonanza still has juice.It’s the latest gut-check for anyone.

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