Dow falls again and stocks continue their lousy 2022 - CNN

The Nasdaq has plunged 27% just this year.

Prominent tech stocks were among the bigger market losers Thursday after Dow component Cisco reported sales that missed forecasts and also gave a weak outlook.

I don't think there is anything right now," "said JJ Kinahan, chief market strategist with tastytrade.

The VIX (VIX), a measure of Wall Street volatility, has soared more than 70% this year.

Galvin said investors would do well to avoid speculative tech stocks and European stocks due to worries about excessive valuations and a potential economic downturn.

Oil stocks are big market winners this year.