Nasdaq Pullback Deepens As AI Rally Runs Into Big Tech Earnings, Fed Decision And Oil Shock
Nasdaq Composite slipped 0.4% to 24,738.40 on Monday, pausing after its recent highs as traders pared back tech holdings ahead of earnings from Microsoft, Alphabet, Amazon, Meta Platforms, and Apple. The S&P 500 edged 0.16% lower, while the Dow barely budged, according to LSEG data cited by Reuters.