Tech exuberance feeds stock-market bubble talk We
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Tech exuberance feeds stock-market bubble talk
Week ahead: 500.com IPO, Microsoft and Cisco shareholder meetings, Salesforce
NEW YORK (MarketWatch) —Exuberance in the tech sector is easy to come by these days. The question for investors is whether it’s irrational —and another reason to get out of record-high stocks.
Alongside multiple all-time highs for the S&P 500 (SNC:SPX) and Dow Jones Industrial Average (DJI
JIA) , the dollars attached to Internet startups Zulily Inc. (NASDAQ:ZU) and Snapchat fed talk of “froth”, “bubbles” and a redux of the stock-market battering that followed stock peaks in the mid-2000s and late 1990s.
The spotlight is likely to stay on the tech sector next week as two seasoned heavyweights, Microsoft Corp. (NASDAQ:MSFT) and Cisco Systems Inc. (NASDAQ:CSCO) , host shareholder meetings. Chinese online sports-betting company 500.com will also launch its IPO next week. So too will high-end retailer Vince, which also operates brick-and-mortar stores. http://www.marketwatch.com/story/tech-exubera...atest_news
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