Intel's steep drop and a tech selloff drove the decline, per Yahoo Finance and Kiplinger.
Nasdaq dives as Amazon and Intel earnings fuel a tech rout, per Yahoo Finance and Business Insider.
A Nasdaq 100 open under $700 breaks the support level traders have been defending, and a close below it puts the mega-cap tech trade on the defensive.
The Nasdaq 100 $QQQ is the chart to watch today. It's currently set to open below key support at $700. https://t.co/z6peAc3Mrm
Per Bloomberg, the Nasdaq 100 fell 1.5% as AI trade shows new cracks, and per Kiplinger the Nasdaq dropped on Alphabet's rare double miss.
Per CNBC, the S&P 500 is heading for its first loss in four days as Alphabet and Caterpillar fall after earnings.
Per Investopedia, stocks closed higher after the Fed held rates steady, with Treasury yields rising.
Per Yahoo Finance, the Nasdaq is wavering while the S&P 500 and Dow climb ahead of the Fed decision and Big Tech earnings.
Nvidia owns the room with 573 comments, but traders can't agree on direction, and the same split hangs over Tesla. GameStop is drawing nearly as much talk with the mood souring fastest, while QQQ chatter heats up.
Source: RedditQQQ is up 25% over the last 12 months. Why would I settle for 5%?
279 comments on whether a risk-free 5% beats equities, and the crowd is still anchoring on trailing returns while the equity risk premium shrinks. That is the real debate for anyone rebalancing now.
GOOGLheating up fast
Alpha Tau Medical is swallowing the board with 267 comments, more than every other name on today's list combined, while Alphabet chatter is heating up fast. Nvidia is the lone bearish name, and it is barely getting mentioned.
Source: RedditThe Binance hack rattled crypto markets the same day disappointing tech earnings dragged the Nasdaq lower, and even gold stumbled. Three past shocks reveal a pattern in Bitcoin's behavior that raises serious…
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