In fact, analysts are warning that the index may yet face more battering. Their concern emanates from the bond market, where rising yields have put pressure on richly valued stocks such as the tech companies that populate the Nasdaq gauge. And as the economy heals, investors are embracing sectors such as energy that will likely benefit. After all, big up days are not uncommon during a downtrend. That compared with six such days in , when prices doubled. Ultimately, the Nasdaq lost half of its value.
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