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Big Tech Woes Power Surge in Inverse Single-Stock ETFs
ZACKSยท2025-08-22 15:01

The S&P 500 experienced its longest losing streak of 2025, dropping for five consecutive trading days as of Thursday. It is also the first time this year that the index has endured such a drop, according to Dow Jones Market Data.The S&P 500 declined 1.5% over the past five sessions, pressured by selling in big tech names as investors rotated away from the tech sector on AI bubble fears and overvaluation concerns. This downturn was exacerbated by disappointing Target (TGT) and Walmart (WMT) earnings, renewed ...