U.S. stocks conquer shares somewhere else in the planet by the widest margin in almost a quarter-century past calendar year, run by large technology corporations. Some investors are betting that mounting desire fees and a tech swoon could deliver America’s profitable streak to an finish in 2022.

A glimpse of how that may possibly pan out emerged Wednesday when Federal Reserve conference minutes pointed to a doable price increase in March. Investors dumped tech shares, pushing the Nasdaq Composite Index to its worst loss considering that February. Futures on Thursday pointed to additional losses in tech shares.