Big Tech Stocks Lose Their Bravado

The big tech stocks drove the coronavirus stock market rally higher from its crash that had formed a trough in March this year. However, the tech-savvy index, the Nasdaq
NDAQ
Composite, has now run into trouble, and it is on track to close the second consecutive week in negative territory since March.

Investors wonder if the tech heavyweight index can hold on to its gains, and if not, then the bubble must have burst. This means the U.S. stock market is about to face a difficult time.

What is the Stock Market? 

The term stock market mostly refers to the S&P 500 index. The S&P 500 isn’t the accurate representation of the whole U.S. stock market; it characterizes the largest 500 American stocks. Thus, when one hears the word “stock

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