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Tech Stocks Fall as Wall Street Revives Rotation: Markets Wrap
(Bloomberg) -- A rotation that has seen investors bail from richly priced technology names in favor of more economically sensitive industries resumed, dragging down the S&P 500 while lifting the majority of its companies.
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cryptobriefing.com
S&P 500 drops 2.64% as investors dump tech for healthcare and consumer staples
The S&P 500 fell 2.64% as investors rotated from tech into healthcare and consumer staples. Bitcoin dropped below $60K amid rising Treasury yields.
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swissinfo.ch
Tech Stocks Fall as Wall Street Revives Rotation: Markets Wrap
(Bloomberg) -- A rotation that has seen investors bail from richly priced technology names in favor of more economically sensitive industries resumed, dragging down the S&P 500…
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Nasdaq 100 Falls 2% as Chipmakers Sell Off Again: Markets Wrap
(Bloomberg) -- A rotation that has seen investors bail from richly priced technology names in favor of more economically sensitive industries resumed, dragging down the S&P 500…
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Nasdaq 100 Sinks 4% as Chipmakers Sell Off Again: Markets Wrap
(Bloomberg) -- A rotation that has seen investors bail from richly priced technology names in favor of more economically sensitive industries resumed, dragging down the S&P 500…
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Stocks Fall as Tech Rout, War Jitters Roil Trading: Markets Wrap
(Bloomberg) -- A fresh wave of selling swept through global equity markets as an escalation in the Middle East collided with mounting anxiety over technology stocks, rattling…
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Stocks Pare Tech-Led Drop as Rotation Gains Speed: Markets Wrap
(Bloomberg) -- A rotation that has seen investors bail from richly priced technology names in favor of more economically sensitive industries resumed, with stocks trimming losses…
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morningstar.com
Tech stocks dive as Friday's incoming SpaceX IPO creates 'bad psychology'
By Joy Wiltermuth and Isabel Wang
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Financials Up on Rotation From Tech - Financials Roundup
Shares of banks and other financial institutions rose as traders rotated into some of this year's lagging sectors and out of tech stocks.
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Tech Retreat Deepens as Traders Eye CPI Spike: Markets Wrap
(Bloomberg) -- The retreat in technology stocks extended further as traders pared exposure ahead of data that is expected to show US inflation has hit the highest level in more…
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Tech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets Wrap
(Bloomberg) -- A flare-up in geopolitical tensions lifted oil prices while fueling losses in stocks and bonds, with Wall Street also rattled by a renewed selloff in some the…
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Tech Down as Rotation Out of Sector Continues - Tech Roundup
Shares of technology companies fell and the tech sector of the S&P 500 entered correction territory as investors focused on the downsides of the artificial-intelligence boom.