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Tech-led Pullback Floors Markets Ahead of Jobs Read — $QQQ Slides 1.5% as Investors Reprice Risk
Published 1 month, 3 weeks ago
Description
$QQQ $SPY $IWM — The market paused Friday as the Nasdaq-100 (QQQ) plunged 1.52% and the S&P 500 (SPY) slipped 0.14%, with small caps (IWM) also lower by 0.38%. Investors digested mixed sector flows — utilities and real estate showed pockets of strength while chips and broader tech led declines — ahead of a key June jobs report that could reshape the Fed timeline.