FAANG stocks diverge in performance as coronavirus reaches critical period

Around the world, markets in Europe were down heavily as traders surveyed the full scale of the pandemic — the EuroNext 100 is down nearly 9% for the day, while the London-based FTSE 100 is down about 7%. Meanwhile, resiliency remains in Asian markets, as Korea’s KOSPI, Japan’s Nikkei, and Hong Kong’s Hang Seng indices all showed more mild losses for the start of the trading week. My colleague Alex Wilhelm and I did a survey of some of the big economic changes from coronavirus mid-last week, but I wanted to take a look at how some of the largest tech companies in the U.S. have held up, the so-called FAANG stocks.

https://ift.tt/39SES7K from Yahoo Tech https://ift.tt/2TSF1lM
via IFTTT