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US Markets finish mostly down in quiet session as Big Tech drags down the Nasdaq
US Indices were mixed to start the week in Monday’s session in a low volatility session, Big Tech gave back some of their recent gains with a major pullback in Tesla (-6% on a Goldman Sachs downgrade) and Meta, Amazon and Microsoft all falling 2-3% saw the Nasdaq down over 1% to be the worst performing index. charts The Russell 200 was the only major index to finish in the green, with a bounce in regional banking helping to lift that index seeing the Nasdaq 100 / Russell 2000 ratio again find stiff resistance at 8.2, a level that historically indicated Tech being overvalued to the broader market. chart FX ... (full story)