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How Big Tech Influences The Fluctuating Stock Market

The stock market has been on a wild ride lately.

Wednesday’s rally of the Dow Jones, in which the market surged over 1,000 points came after a four-day selloff which found it on the brink of a bear market.

Facebook, Amazon, Apple, Netflix and Google, collectively known as FAANG, are the nation’s top performing tech companies. They’ve led the sharp U.S. market sell-off over the last few months, which is making some investors nervous.

Washington Post technology reporter Hamza Shaban joined The Show for a look at how the stocks are driving the market.

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Steve Goldstein was a host at KJZZ from 1997 to 2022.