Tech Stocks Set for `Bumpy Ride,' Saxo Bank Says

Mar.12 -- Peter Garnry, head of equity strategy at Saxo Bank, discusses the impact of rising interest rates on technology stocks and divergence between the S&P 500 and Nasdaq 100 indexes. "I think the technology sector is still a place where you want to be overweight," Garnry said on Bloomberg Television. "It will be a bumpy ride for some pockets," he added.