Tech-Led Rout Drives Broad Risk-Off: $QQQ Slides 3.3% as $SPY and Small Caps Drop

from Alpha Casts - AI Market Intelligence

$QQQ $SPY — A deep tech selloff dragged markets lower on June 23, with the Nasdaq‑100 ETF (QQQ) falling 3.29% and the S&P 500 ETF (SPY) down 1.45%. Small caps underperformed as investors rotated into defensive corners amid headlines from energy, utilities and legal rulings.

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This episode was published on June 23, 2026.

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