Tech-Led Pullback Marks Risk-Off Session; Small Caps Slip as Earnings and Policy Noise Rise

from Alpha Casts - AI Market Intelligence

$SPY $QQQ $IWM — Markets moved lower across the board as tech-heavy Nasdaq weakness led the selloff. SPY fell 0.49%, QQQ dropped 1.01% and small caps (IWM) underperformed with a 1.17% decline, as investors digested mixed earnings, an OpenAI revenue miss reverberating through AI names, and rotating sector flows ahead of key macro releases.

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This episode was published on April 28, 2026.

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