Jefferies: last week saw the largest tech sell skew in more than 5 years
FROM THE WIRE · FINANCE.YAHOO.COM
Jefferies' equity trading desk saw its most heavily selling-tilted tech trading week in more than five years, analysts said over the weekend, putting a finer point on the CoreWeave-led tech sell-off that dominated markets last week. "Simply put, there's a tremendous amount of…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHeavy tech outflows signal selling pressure and stress in AI-linked names.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Jefferies' equity desk recorded its most sell-tilted tech trading week in over five years.
- 02The weekly tech skew reached $7.5 billion of new outflows.
- 03The selling was led by the CoreWeave-driven tech sell-off.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
CoreWeave, Inc. Class A Common Stock60.04 USD-1.12%today -2.20%Negative NVIDIA Corporation217.29 USD-0.41%today +1.48%Negative NASDAQ Composite26,446.38-0.08%today +1.17%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets