【Dow Jones surges to a new historic high! Oracle, however, plummets 11% overnight, exacerbating the internal differentiation among tech stocks】
U.S. stocks witnessed another historic moment on Thursday— the Dow Jones Industrial Average closed up 1.34%, reaching a new all-time high. However, the market was not all cheers, as significant differentiation appeared within tech stocks, with software giant Oracle leading the plunge, and the Nasdaq index falling against the trend.
📈 Dow sets record, cyclical stocks lead
The Dow strongly broke through previous highs, supported by traditional sectors such as finance and industry, indicating that funds are flowing from overvalued tech stocks to cyclical sectors more closely linked to economic recovery. The differences in market sensitivity to interest rates are triggering a new round of style rotation.
📉 Tech stocks weaken against the trend, Oracle plummets over 10%
Tech stocks became the main drag today:
Database giant Oracle plunged 10.8%, possibly due to concerns over earnings expectations or cloud business growth;
Chip stocks showed mixed performance, with Intel down 3% and Nvidia down 1.5%;
The Nasdaq Golden Dragon China Index slightly dipped, with Alibaba falling 1%.
🔍 Market logic: from "growth narrative" to "value reassessment"
The current market shows a clear characteristic of "high-level gear shifting": on one hand, expectations of a soft economic landing are favorable for traditional sectors; on the other hand, some tech stocks are showing valuation pressure after continuous rises, leading funds to choose to take profits.
As the Dow celebrates a new high, the Nasdaq quietly pulls back— the balance of the market is subtly adjusting. Thank you for your likes and follows. $BTC $ETH $SOL #美SEC推动加密创新监管
U.S. stocks witnessed another historic moment on Thursday— the Dow Jones Industrial Average closed up 1.34%, reaching a new all-time high. However, the market was not all cheers, as significant differentiation appeared within tech stocks, with software giant Oracle leading the plunge, and the Nasdaq index falling against the trend.
📈 Dow sets record, cyclical stocks lead
The Dow strongly broke through previous highs, supported by traditional sectors such as finance and industry, indicating that funds are flowing from overvalued tech stocks to cyclical sectors more closely linked to economic recovery. The differences in market sensitivity to interest rates are triggering a new round of style rotation.
📉 Tech stocks weaken against the trend, Oracle plummets over 10%
Tech stocks became the main drag today:
Database giant Oracle plunged 10.8%, possibly due to concerns over earnings expectations or cloud business growth;
Chip stocks showed mixed performance, with Intel down 3% and Nvidia down 1.5%;
The Nasdaq Golden Dragon China Index slightly dipped, with Alibaba falling 1%.
🔍 Market logic: from "growth narrative" to "value reassessment"
The current market shows a clear characteristic of "high-level gear shifting": on one hand, expectations of a soft economic landing are favorable for traditional sectors; on the other hand, some tech stocks are showing valuation pressure after continuous rises, leading funds to choose to take profits.
As the Dow celebrates a new high, the Nasdaq quietly pulls back— the balance of the market is subtly adjusting. Thank you for your likes and follows. $BTC $ETH $SOL #美SEC推动加密创新监管
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