As Russia launches a war against Ukraine, the Nasdaq Composite (^IXIC) — down more than 3% at Thursday’s open — mounted a furious comeback, with megacap stocks Microsoft (MSFT) and Alphabet (GOOGL, GOOG) doing much of the heavy lifting. However, the eight largest U.S. publicly traded companies have hemorrhaged over $2 trillion in market capitalization since their combined value peaked in mid-November. According to one Wall Street strategist, the geopolitical maelstrom may give… Source link
Read More »