Midday Market Report

Nasdaq Sinks 1% as Cyclicals Suffer

Bearish Rotation: Wall Street came under heavy selling pressure as traders shifted from economically-sensitive stocks to defensive plays. Meanwhile, Treasury yields dipped as traders bid up the safe-haven assets. 

Nasdaq Sinks 1% as Cyclicals Suffer

Bearish Rotation: Wall Street came under heavy selling pressure as traders shifted from economically-sensitive stocks to defensive plays. Meanwhile, Treasury yields dipped as traders bid up the safe-haven assets. 

Nasdaq Sinks 1% as Cyclicals Suffer

Bearish Rotation: Wall Street came under heavy selling pressure as traders shifted from economically-sensitive stocks to defensive plays. Meanwhile, Treasury yields dipped as traders bid up the safe-haven assets.