Schwab Network
10 Jun 2026, 12:29 UTC · 1h ago
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Jay Woods predicts a pullback in the tech sector that will drag down the S&P 500 and Nasdaq 100. — A correction in high-weight tech stocks typically triggers broad market selling and reduces risk appetite.
-0.60There are currently pockets of strength across indices that are being overshadowed by tech's heavy weighting. — Internal market strength suggests a potential rotation or support level, though it is currently a secondary signal.
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