The tech-heavy Nasdaq Composite plunged 33% in 2022, coming off its worst year since 2008. After tech's heady days earlier in the pandemic, inflation reared its head for the first time since before the Great Financial Crisis, and the Federal Reserve raised interest rates at its fastest pace in decades. While some may be expecting a big bounce-back from the most beaten-down tech stocks (which have fallen the farthest), lots of uncertainty remains. Read More...
Associated Press
Pro-Bolsonaro protesters storm Brazil’s Congress, high court
Supporters of former Brazilian President Jair Bolsonaro who refuse to accept his electoral defeat stormed Congress, the Supreme Court and presidential palace in the capital Sunday, just a week after the inauguration of his leftist rival, President Luiz Inácio Lula da Silva. Thousands of demonstrators bypassed security barricades, climbed on the roofs, broke windows and invaded all three buildings, which are connected through the vast Three Powers square in Brasilia. Images on TV channel Globo News showed protesters roaming the presidential palace, many of them wearing green and yellow, the colors of the flag that have also come to symbolize the Bolsonaro government.
