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What's Behind The Nasdaq Biotech Sell-Off

Monday, April 14, 2014

Many on Wall Street are watching to see if last week’s massive sell-off of tech stocks will continue. Thursday saw the largest one-day sell-off in biotech stocks in over two years.

The Nasdaq fell 3 percent and on Friday it fell again. Many are nervous that we could be in the middle of a tech bubble.

Financial Times reporter Cardiff Garcia joins Here & Now’s Robin Young to discuss what caused the sell-off.

Guest

Copyright 2014 WBUR-FM. To see more, visit http://www.wbur.org.

Source: NPR

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