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Broad-Based Retreat: Small Caps Slide as Traders Digest Earnings, Geopolitics and Tech Softness
Published 2 months, 2 weeks ago
Description
$SPY $QQQ $IWM — The S&P 500 (SPY) fell 0.70% while the Nasdaq-100 (QQQ) dipped 0.26%; small caps bore the brunt with IWM down 1.37%. Markets rotated into defensive pockets even as materials and utilities showed pockets of strength amid mixed economic and geopolitical catalysts.