Wall Street closes mixed as tech selloff deepens, small caps and energy hold up
Executive summary: US stocks ended the session with a clear split between megacap technology and more cyclical parts of the market. The Nasdaq Composite fell nearly 2% as Nvidia, Amazon, Meta and the broader tech sector came under pressure, while the Russell 2000, banks and energy shares posted gains. Commodities were also highly volatile, with natural gas surging and precious metals sliding sharply. Bitcoin and Ether extended losses, reinforcing the risk-off tone. [Continue Reading]
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