Giga Fall Despite Fed CPI 'Good News'
As you can see, although the Fed had good CPI news, the stocks all still generally fell, regardless if tech or semicon or otherwise.
What started as a simple institution taking profits escalated into market fear and then mass selling.
More interestingly the correlation of the price of almost every Mag 7 stock is heavily tied to the price of NVDA. If NVDA collapses overnight, it will be a really scary sight to behold.
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