The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Financial markets experienced a significant shift as Broadcom's revenue miss triggered a semiconductor selloff, leading the S&P 500 to its largest single-day drop since April 2025. Conversely, the Dow Jones rallied 900 points as investors rotated out of tech, even as 10-year Treasury yields surged to their highest levels since May 2025. The week concluded with the S&P 500 snapping a nine-week winning streak, posting a 2.6% weekly loss following a stronger-than-expected jobs report.