During last week's volatility, old economy stocks outperformed the market with Marks & Spencer bec...
During last week's volatility, old economy stocks outperformed the market with Marks & Spencer becoming the number one performing stock in the FTSE 100 for the year to 16 March. Led by volatile technology stocks, the FTSE 100 and the S&P 500 hit their lowest periods on 15 March since November 1998. The FTSE dropped below 5,500 while the Nasdaq fell to well below the 2,000 mark. At its peak one year ago the Nasdaq had reached 5,000. The volatile conditions are really only affecting technology stocks, according to some UK fund managers, with the overall market appearing to do well d...
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