QQQ Slips 0.3% Monday — Why Didn't Crashing Oil Prices Save Tech?
QQQ fell 0.31% Monday in a rare divergence: U.S.-Iran peace expectations sent oil prices sharply lower and lifted the Dow, yet AI capex concerns and stretched valuations continued to weigh on Nasdaq tech. This week brings the Fed rate decision alongside Mag-7 earnings from Microsoft, Amazon, and Apple, intensifying scrutiny over AI monetization. One institution bluntly called this 'not a normal sector rotation.' With macro tailwinds and tech headwinds pulling in opposite directions, how does this consolidation resolve?
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