The technology sector is witnessing its most severe losing streak in over two decades. The Nasdaq — a technology-heavy stock index — has endured seven weeks of losses, including 3.8% declines during the week of May 16. The drops constitute the worst declines since the dot-com selloff in 2001, according to CNBC . “Inflation, rising interest rates, the war in Ukraine and pandemic lockdowns in China are adding up to a disastrous market in general and a particularly brutal stretch for investors in technology and growth stocks, after historic rallies in recent years,” the outlet reported. “The Federal Reserve has signaled it will continue to increase rates to fight inflation, leading to concern that higher costs of capital will combine with deteriorating consumer confidence to eat away at profit margins.” Companies such as Tesla, Cisco, Dell, Twitter, and Tesla experienced large drops this week — 14%, 13%, 11%, and 6%, respectively. Guggenheim Partners Global Chief Investment O...