Tech shares are being beaten down badly with the Mag 7 all being brought back down to earth. Nvidia is down nearly 25% from its January high while Tesla is down a whopping 50% since its peak in December. Pain.
Besides, it's also still very much early in the day. As seen yesterday, the early gains don't matter much whatsoever. When Wall Street enters into the fray later, it's a whole different ball game - especially when there are more jittery headlines to stir up emotions.
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