WS #12995
The Nasdaq 100 and XLK Tech ETF are experiencing their worst month since 2008, with heavy selling in semiconductors and growth stocks ahead of Fed decision and Big Tech earnings. A $196.5M dark pool buy order for MSFT suggests institutional bullish positioning ahead of earnings, potentially signaling a contrarian move against the tech selloff.
Tech selloff intensifies
The Nasdaq 100 and XLK Tech ETF are experiencing their worst month since 2008, with heavy selling in semiconductors and growth stocks ahead of Fed decision and Big Tech earnings.
A $196.5M dark pool buy order for MSFT suggests institutional bullish positioning ahead of earnings, potentially signaling a contrarian move against the tech selloff.