This DB chart shows how the tech selloff is driving moves throughout the stock market

seekingalpha07-26

A Deutsche Bank chart showed utility stocks (XLU) gaining ground and a Magnificent 7 gauge sinking as part of equity-market moves triggered by the selloff in the technology sector. Its Chart of the ...

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Its Chart of the ...</p>\n\n<a href=\"https://seekingalpha.com/news/4128748-stocks-markets-sp500-rotation-tech-selloff-sectors-chart-deutsche-bank\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This DB chart shows how the tech selloff is driving moves throughout the stock market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis DB chart shows how the tech selloff is driving moves throughout the stock market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-26 06:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4128748-stocks-markets-sp500-rotation-tech-selloff-sectors-chart-deutsche-bank><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A Deutsche Bank chart showed utility stocks (XLU) gaining ground and a Magnificent 7 gauge sinking as part of equity-market moves triggered by the selloff in the technology sector.  Its Chart of the ...</p>\n\n<a href=\"https://seekingalpha.com/news/4128748-stocks-markets-sp500-rotation-tech-selloff-sectors-chart-deutsche-bank\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B19Z9505.USD","symbol_name":"美盛-美国大盘成长股A Acc","start_time":0,"source_url":"https://seekingalpha.com/news/4128748-stocks-markets-sp500-rotation-tech-selloff-sectors-chart-deutsche-bank","article_id":"2454334759","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/155285322/image_155285322.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2454334759","pubTimestamp":1721945435,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"A Deutsche Bank chart showed utility stocks (XLU) gaining ground and a Magnificent 7 gauge sinking as part of equity-market moves triggered by the selloff in the technology sector.  Its Chart of the D","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","QQQE":"Direxion NASDAQ 100 Equal Weighted Index Shares","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU0080751232.USD":"富达环球多元动力基金A","BK4524":"宅经济概念","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","BK4527":"明星科技股","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","IVV":"标普500指数ETF","SH":"标普500反向ETF","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","OEX":"标普100",".SPX":"S&P 500 Index","META":"Meta Platforms, Inc.","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","VOO":"Vanguard标普500ETF","RSP":"平均加权指数ETF-Rydex S&P","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","UPRO":"三倍做多标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","SSO":"两倍做多标普500ETF","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","XLU":"公共事业指数ETF-SPDR","SPXU":"三倍做空标普500ETF","XLV":"健康照护类股ETF-SPDR","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","SQQQ":"纳指三倍做空ETF","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","DB":"德意志银行","NVDA":"英伟达","ONEQ":"Fidelity NASDAQ Composite Index ETF","BK4532":"文艺复兴科技持仓","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4593":"纳斯达克ETF","SDS":"两倍做空标普500ETF"},"translate_title":"这张DB图表显示了科技股抛售如何推动整个股市的走势","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLV":1,"ONEQ":1,"QQQE":1,"RSP":1,"SPY":1,"DB":1,"VOO":1,"XLU":1,"SQQQ":1,"NVDA":0.9,"META":0.8,"OEX":0.6,"OEF":0.6,"SDS":0.6,"SH":0.6,"SPXU":0.6,"UPRO":0.6,"SSO":0.6,"ESmain":0.6,"IVV":0.6,".SPX":0.6},"content_text":"A Deutsche Bank chart showed utility stocks (XLU) gaining ground and a Magnificent 7 gauge sinking as part of equity-market moves triggered by the selloff in the technology sector.  Its Chart of the Day published Thursday showed that seven of ten sectors in the S&P 500 (SP500)(SPY) have advanced since a slide in tech stocks (COMP:IND)(NDX) kicked off earlier this month. Utilities (XLU) and Healthcare (XLV) paced sector gainers, similar to moves following the dot-com bubble burst in 2000, Jim Reid, Deutshe Bank’s head of global economics & thematic research, said. The S&P 500 (SP500) itself has dropped since early July, slicing its down YTD gain to ~13%. A jump in rate-cut expectations by cooler inflation spurred investors to dump high-flying tech stocks - such as AI investment proxy and chipmaker Nvidia (NVDA) - and buy small-cap stocks (RTY) and other parts of the market. A Bloomberg index tracking Magnificent 7 mega-cap tech stocks, including Nvidia (NVDA) and Meta Platforms (META), has lost ~12% since the rotation lit up, the chart showed.  “The conclusion is that if tech continues to correct, we should see decent up moves in other sectors, especially as the size of tech dwarfs other sectors,” Reid said. “So even a small rotation out of tech could mean a big rotation into other sectors.” Here is Deutsche Bank’s chart showing the impact of the rotation out of tech stocks that started July 11. The blue bars show the S&P 500’s (SP500) 10 top-level sectors, and the red bars show four broader indices: the Russell 2000 (RTY), the S&P 500 (SP500), the Nasdaq Composite (COMP:IND) and the Bloomberg Magnificent 7 Price Return Index, or BM7P.  Among S&P ETFs: (VOO), (IVV), (RSP), (UPRO) and (SH). Among Nasdaq ETFs: (QQQ), (ONEQ), (QQQE) and (SQQQ).","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2454334759"}