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Market Impact: 0.2
Stock Market Midday, Oct. 16: Tech Stocks Slide as Investors Rotate Into Defensive Sectors
Source: Nasdaq
Market Technicals & FlowsInvestor Sentiment & Positioning
As of 11:37 a.m. ET, the S&P 500 was down 0.34% at 7,718 and the Nasdaq Composite had fallen 1.09% to 26,419, while the Dow was up 0.29% at 52,327. Investors were rotating out of technology stocks and into defensive sectors.
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