Nasdaq Sinks to Year Low as Software Stocks Weigh | The Close 2/4/2026

IS THAT A TEXT SELLOFF OR A TECH ROTATION. THE DISTINCTION DOES MATTER. LIVE IN NEW YORK, I AM ROMAINE BOSTICK.>> AND I'M KATIE GREIFELD. KICKING YOU OFF TO THE CLOSE ON ON AN IMPORTANT DAY. THE S&P 500, WHAT A BOUNCE.WE COULD GO GREEN BY THE TIME WE GET TO THOSE CLOSING BELLS, DOWN BY 0.2%. THE S&P 500 WAS LOWER BY MORE THAN 1% EARLIER. A LOT OF THAT PAIN COMING FROM TECH, COMING FROM SOFTWARE.LET'S TALK ABOUT THE SMALL CAPS. YOU ARE SEEING SMALL CAPS UNDER PERFORM ON THIS DAY. THE RUSSELL TWO THOUSAND ...