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FILE- In this Sept. 4, 2018, file photo a Nasdaq employee monitors market activity in New York. Investors were ravenous for companies able to add customers and deliver fat growth. So they were willing to pay premium prices for an Amazon or a Netflix. Left behind were stocks in more staid industries, even if they had more attractive prices relative to their profits. (AP Photo/Mark Lennihan, File)

FILE- In this Sept. 4, 2018, file photo a Nasdaq employee monitors market activity in New York. Investors were ravenous for companies able to add customers and deliver fat growth. So they were willing to pay premium prices for an Amazon or a Netflix. Left behind were stocks in more staid industries, even if they had more attractive prices relative to their profits. (AP Photo/Mark Lennihan, File)

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