Mega-Cap Tech Sees Worst Week Since Liberation Day; Gold 'Death Crossed' As Oil & Yields Tumble
Tl;dr: Mega-Cap's worst week since Liberation Day weighed on Nasdaq as dispersion within the AI ecosystem and broadening outside of it dragged the index down (while The Dow and Small Caps outperformed). Bonds were bid as inflation fears eased and oil prices plunged. The dollar ended higher, weighing on precious metals and crypto.
AI 'down but not out' as traders pick winners from losers...
