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.