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SPY ETF Dips Amid Tech Weakness and Fed Uncertainty

SPY ETF Dips Amid Tech Weakness and Fed Uncertainty

Author:

Global Cryptocurrency

Published:

2025-11-17 21:49:02

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BTCCSquare news:

The SPDR S&P 500 ETF Trust (SPY) fell 0.93% on Monday, dragged down by underperformance in technology stocks and investor caution ahead of Nvidia's earnings report. Sector performance was mixed, with Communication Services and Utilities eking out gains while Materials, Financials, Energy, Technology, and Industrials led declines.

Market sentiment remains fragile as traders await clarity on the Federal Reserve's rate path. The delayed release of key economic data and FOMC meeting minutes this week could provide direction. All eyes are on Nvidia's results—its outlook may determine whether the AI trade regains momentum or extends its recent stumble.

By:

Tech Selloff Drags SPY, QQQ Lower as Rate Cut Expectations Diminish

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