Fundamental: Global Market Quick Take: Asia – March 29, 2023

On Tuesday Tech stocks lagged, with the Nasdaq 100 losing 0.5% as investors unwound their post-SVB sector rotation trades on the rise in bond yields and spooked by EV names showing signs of stress. Lucid (LCID:xnas) fell 7.3% on reports of layoffs. Tesla (TSLA:xnas) slipped 1.4%. S&P 500 edged down 0.2% in a quiet session. The energy sector stood out, ...     Alert Mar 29, 2023, 9:00am Fundamental: Global Market Quick Take: Asia – March 29, 2023 On Tuesday Tech stocks lagged, with the Nasdaq 100 losing 0.5% as investors unwound their post-SVB sector rotation trades on the rise in bond yields and spooked by EV names showing signs of stress. Lucid (LCID:xnas) fell 7.3% on reports of layoffs. Tesla (TSLA:xnas) slipped 1.4%. S&P 500 edged down 0.2% in a quiet session. The energy sector stood out, ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support