US markets dip as investors brace for big economic updates
US stocks started the week on a cautious note, with the Dow down 122 points and tech-heavy Nasdaq slipping nearly 0.7%.
Last week's tech sell-off is still fresh, and investors are holding back as they wait for some key economic numbers.
Why does it matter?
Big reports—like jobs data, inflation (CPI), and retail sales—are dropping this week.
These will shape what the Federal Reserve does with interest rates next, which affects everything from loans to job prospects.
Plus, there's a shift happening: money is moving out of tech giants and into financials and value stocks.
What's shaking up the market?
Tech stocks are having a rough patch—Oracle dropped nearly 13%, Broadcom slid over 7%, though NVIDIA managed a small gain.
Meanwhile, wild trading has sent some lesser-known stocks soaring or sinking fast; Radiopharm Theranostics surged over 140%, while Ondas Holdings tumbled.
Additionally, AMC Robotics (AMCI) jumped more than 150% on heavy volume.