Yahoo Finance Live's Jared Blikre breaks down midday trading in the stock market.
Evercore ISI Chief Equity, Derivatives, & Quantitative Strategist Julian Emanuel joins Yahoo Finance Live to discuss the market outlook, Big Tech stocks, and cryptocurrency
Shares of Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), and Meta Platforms (NASDAQ: FB) were all sliding today as investors continue to dump technology stocks in anticipation that the Federal Reserve will raise interest rates throughout 2022. Today's drop comes as tech stocks have been tumbling since the beginning of this year as investors have processed information about rising bond yields as well. Amazon was down by 2.2%, Apple had dropped 2.7%, and Meta Platforms tumbled 2.8% as of 11:37 a.m. ET.