Tech Stocks Fell From Glory Last Year. What’s in Store for 2023?

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 3 January 2023

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Jan 3. Market momentum shifted in favor of defensive and energy shares last year amid sharply rising interest rates and inflation, but will that trend continue in 2023? WSJ markets reporter Hannah Miao shares what market strategists and investors see in store for this year. Plus, we'll preview a debate set for today over whether one U.S. city should join the growing push to blacklist social-media app TikTok. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:14.7	The credits for UK's biggest free streaming service?
0:17.0	Now we've told you what to do.
0:18.7	Watch and rewatch Mirrors Fits?
0:20.3	Watch and rewatch, we'll do.
0:21.6	Watch, watch, watch and rewatch, rewatch.
0:23.6	For free.
0:24.4	Oh bugging.
0:25.6	Comparachannel4.com-sashverified.
0:31.9	A new era of divided government, dons in Washington.
0:35.9	Plus the push to ban TikTok gather steam across the US.
0:40.3	And we'll look at whether the market trends that dominated 2022
0:44.3	are likely to continue.
0:45.8	Investors aren't racing for the potential of a recession
0:48.7	and expecting to maintain this cautious approach in the new year,
0:53.1	which favors the value-oriented defensive stocks that led the way last year.
0:56.9	It's Tuesday, January 3rd.
0:58.8	I'm Luke Vargas with Wall Street Journal.
	...

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