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We saw a sharp turnaround in the market in February, where the whole upswing supported by good reports disappeared in the fear of higher interest rates during the latter part.
The Global Technology Fund rose 7.1 percent in November. The stock market was extremely strong during the month and broke record after record. The market was driven by the positive results
Volatility in the market continued in September and technology companies were weak with a decline for the Nasdaq of 5.2 percent, the Dow Jones ended only down 2.3 percent.