Yesterday’s lows in the Nasdaq have given way as selling accelerates. Tech has been at the leading edge of the latest worries.
The index is down 42 points to 3980. Keep a close eye on the 2014 low of 3968 for signs of a deeper selloff.
Nasdaq
Even more important is the 10-year note yield, which is down 3 bps to 2.61%. Several bands of support extend down to 2.57%.
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