The Magnificent Seven index — the group of tech stocks comprised of Alphabet (GOOG, GOOGL), Apple (AAPL), (NVDA), Tesla (TSLA), Amazon (AMZN), Meta Platforms (META), and Microsoft (MSFT) faced significant declines, with some stocks down over 20% from their 52-week highs.
Citi’s head of US equity strategy Scott Chronert joins Market Domination hosts Julie Hyman and Josh Lipton to discuss how this has led to more attractive valuations for these stocks.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here: https://finance.yahoo.com/videos/series/market-domination/
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