Big Tech Rotation Triggers Longest S&P 500 Losing Streak Since January
The S&P 500 is experiencing its longest losing streak since January, driven by a rotation away from Big Tech stocks, which have sharply declined this week, although broader market indices and equal-weight ETFs show more resilience. This shift reflects profit-taking and a natural market reset after strong recent gains, with analysts noting the importance of broader participation beyond tech for a healthy index.
