Digital Payments are transactions that take place via digital or online modes, with no physical exchange of money involved. The Digital Payments concept includes major US-listed companies that offer electronic and cashless means of payments.
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Bank of America: Technology stocks are only one "terrible non-farm report" away from collapsing.
Since the historical high point on July 10th, the market cap of companies in the Nasdaq 100 index has evaporated $2.6 trillion. Analyst Michael Hartnett of Bank of America believes that signs of an economic slowdown will put further pressure on technology stocks, but remains optimistic on the bond market for the second half of the year.