Why Were Tech Stocks Down In 2022—And How Long Will The Slump Last?

Key takeaways:

• Tech stocks fell more than 30% in 2022, more than the overall market drop of 20%.
• The decline came due to higher interest rates, high inflation and uncertain economic conditions.
• Some analysts believe specific sectors, like cybersecurity and robotics, present an opportunity for investors.

The year 2022 was a turbulent one for the stock market, with the S&P 500 ending the year down nearly 20% overall.