Why Tech Tumbled and SpaceX Faded on Nasdaq-100 Debut Day

The Tuesday session closed Red. Here is why. A global semiconductor rout triggered by Samsung's earnings miss hammered mega-cap tech, even as a massive underlying rotation propped up the broader market. 💚 Sector Winner: Health Care (XLV) rallied 1.23% as investors moved to defensives. 💔 Sector Loser: Technology was pulverized, dragged down by a 4.7% plunge in the semiconductor index. 🚀 SpaceX (SPCX) dropped over 5% on its highly anticipated Nasdaq-100 debut as institutions faded the event. 🔔 The Look Ahead: Watch tomorrow's Federal Reserve meeting minutes and whether the S&P 500 can hold the crucial 7,500 Gamma Wall. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.