Tech’s Monday Bounce Reverses, Pushing the Nasdaq-100 into Correction
Another drawdown in Tech, following its worst month since March 2025, overshadowed six sectors advancing more than 1%.
Another drawdown in Tech, following its worst month since March 2025, overshadowed six sectors advancing more than 1%.
Equities fall for 6th time in 7 sessions bringing key downside levels closer as breadth deteriorates, oil approaches 4-year highs and long-term yields hit the highest in nearly two decades
Another leg higher in oil, on top of a firm inflation backdrop, lifted Treasury yields to multi-year highs, hardening Fed rate-hike bets into next week’s meeting, and driving a fourth straight day of equity losses.
Corning drops, JPMorgan’s buy signal, Boeing’s results and other headlines moving stocks this morning.