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9 months ago

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Tech sell-off, rising yields push Cathie Wood's ARK ETF down 20% for month

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Tech sell-off, rising yields push Cathie Wood's ARK ETF down 20% for month

A swift sell-off in technology stocks and surge in Treasury yields are punishing Cathie Wood's flagship ARK Innovation ETF , leaving the closely followed fund down more than 20% for the month of August.

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Tech sell-off, rising yields push Cathie Wood's ARK ETF down 20% for month

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Tech sell-off, rising yields push Cathie Wood's ARK ETF down 20% for month

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