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via finance.yahoo.comMarkets

Nasdaq sell-off: a momentum unwind called historic by a portfolio manager

FROM THE WIRE · FINANCE.YAHOO.COM

Northwestern Mutual Wealth Management chief portfolio manager for equities, Matt Stucky, sits down with Yahoo Finance Senior Reporter Brooke DiPalma to explain what he makes of Thursday's Nasdaq Composite's (^IXIC) sell-off. Video Transcript 00:00 Speaker A What do you make of…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA sharp Nasdaq sell-off led by momentum and semiconductors can weigh on tech markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The manager describes the day as a sharp momentum selling session.
  2. 02The 2026 beta and momentum trade was led by semiconductors.
  3. 03Rising rates contributed to the shift in factors.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock212.21 USDMarket closedtoday -4.40%Negative NASDAQ CompositeINDEX:IXICIndex26,008.86Market closedtoday -2.60%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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