Bitcoin & Black Gold Bid But Big-Tech Buckles As Goldman Warns 'Dynamics Feel Stretched'

US stocks traded lower today as markets digested fresh housing data, news flow across the commodities landscape, and a re-ignition of the AI debate.

Follow on from yesterday’s give back in the AI winners – selling pressure in tech heavyweights (AAPL, NVDA, PLTR, NFLX, GOOG/L, MU) comprising > 80% of the NDX move. Small Caps were the biggest loser on the day...