Why Tech Crashed as a Massive Rotation Sweeps Wall Street episode artwork

EPISODE · Jun 16, 2026 · 7 MIN

Why Tech Crashed as a Massive Rotation Sweeps Wall Street

from Bulls, Bears, & The Bell: Daily Stock Market & Investing News · host DATJET Media

The Tuesday session closed mixed as tech suffered a sharp pullback while blue chips rallied to historic highs. Here is why.🚀 Winners: Utilities (+0.37%) and Financials (+1.49%) surged as falling energy costs sparked a massive cyclical rotation.📉 Losers: The Nasdaq plummeted -1.2% and Energy sank -0.82% as WTI crude crashed below $78.🔔 The Look Ahead: Tomorrow brings the main event. Kevin Warsh delivers his first-ever FOMC interest rate decision as Federal Reserve Chairman. Will he fuel the rate-sensitive rally?Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.

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Why Tech Crashed as a Massive Rotation Sweeps Wall Street

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