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via seekingalpha.comMarkets

Institutional tech selling mounts as Nasdaq slides 6% from record high

FROM THE WIRE · SEEKINGALPHA.COM

Jefferies’ equity trading desk has recorded unusually heavy and persistent client selling in the technology sector, according to a recent investor note.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishPersistent tech selling and a 6% Nasdaq drop can weigh on the broader equity market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Jefferies equity trading desk reports heavy, persistent client selling in tech.
  2. 02The Nasdaq has slid 6% from its record high.
  3. 03The information comes from a recent investor note.

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