FAANG Stocks Hit Bear Market As Rates, Demand, US-China Trade Hammers Tech #Entrepreneur @MondoPlayer [Video]

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U.S. listed tech stocks extended their slump in pre-market trading Tuesday, with each of the so-called FAANG names sliding into bear market territory after giving back nearly $1 trillion in value from their recent peaks amid persistent concerns over waning consumer demand, U.S.-China trade talks...

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U.S. listed tech stocks extended their slump in pre-market trading Tuesday, with each of the so-called FAANG names sliding into bear market territory after giving back nearly $1 trillion in value from their recent peaks amid persistent concerns over waning consumer demand, U.S.-China trade talks and rising interest rates.

Apple Inc. (AAPL) and Nvidia Corp. (NVDA) probably best reflect two of those …