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Fed's hawkish tone impacting tech: watching AIQ
The latest Fed comments re-emphasizing higher for longer rates have definitely put a damper on growth names. Seeing $AIQ at 62.08, down 2.76% today after the strong run, makes me wonder if this is the start of a broader tech pullback or just a healthy consolidation. Keeping it on the watchlist for potential re-entry if support holds.
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I'm still pretty new to this, but it seems like a lot of growth stocks are feeling the pressure. Is it usually the case that hawkish Fed news hits tech stocks the hardest compared to other sectors?