Standard Chartered WM: Pricing power of US tech sector remains strong

29 November 2018 | 1 minute read

Despite the recent US technology market meltdown, Standard Chartered Wealth Management says the pricing power of the sector remains strong. The S&P 500 has declined 10% from its 21 September peak, dragged by both the US’s oil and technology sectors. “This [selloff] has been compounded by concerns pricing power has peaked for some sector leaders, which could be a drag…

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