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Tech Pullback, Utilities Rally: Markets Reprice Growth vs. Safety as Small Caps Slip
Published 3 months, 1 week ago
Description
$POET — Stocks closed mixed as a tech-led retreat weighed on growth names while utilities and materials outperformed. The S&P 500 gave back ground modestly, the Nasdaq saw a sharper pullback, and Russell 2000 small caps lagged on a day of sector rotation and headlines ranging from Pfizer earnings to POET options flows.