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Markets Slide on Oil Shock and Risk-Off Sentiment; Tech and Small Caps Lead Declines
Published 4 months, 3 weeks ago
Description
$SPY $QQQ $IWM — Stocks sold off broadly as oil spiked on geopolitical developments and risk-off flows hit growth names. The S&P 500 (SPY) fell 1.71%, the Nasdaq-100 (QQQ) dropped 1.95% and small caps (IWM) slipped 1.75%, as investors recalibrated inflation and policy expectations.