Dow Jones and Nasdaq Index: US Indices Diverge as Microsoft Drags Tech Stocks Today

Microsoft was down nearly 2% after reports it cut AI-related sales quotas. The company pushed back on that claim, which helped the stock rebound from session lows, but not enough to flip the tech group. Nvidia was slightly lower, and Broadcom slipped more than 1%. Same with Micron — down more than 1% as the AI complex took a breather. Sellers pushed on that pocket, but buyers elsewhere stepped in to offset the pressure.What’s Driving Sector Rotation TodayEnergy leads by a wide margin, up 1.6%, with financia ...