OGIG Rallies as Global Internet Stocks Surge on Softer Inflation Data
November 15, 2022 at 12:21 PM EST
Global internet stocks rallied strongly last week after U.S. inflation figures for October came in slightly lower than expected, signaling a potentially less hawkish Federal Reserve next year. Following a massive tech sell-off only a few weeks ago on weaker mega-tech earnings, global internet stocks rebounded last week. The ALPS O’Shares Global Internet Giants ETF [...] The post OGIG Rallies as Global Internet Stocks Surge on Softer Inflation Data appeared first on ETF Trends .