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Nasdaq Rebounding From Tech Selloff. Oil Prices Tumble After Trump Downplays Iran.
Barrons· 2026-01-15 11:26
The Nasdaq had a rough time the previous session as investors continued to ditch large technology stocks, with the bulk of the so-called Magnificent Seven megacap group down 2% or more. The selloff came even though retail sales beat expectations and the Supreme Court didn't rule on Trump's tariffs. Stocks looked set to open higher Thursday, while oil prices plummeted after President Donald Trump appeared to play down the chances of U.S. military action in Iran. Dow Jones Industrial Average futures rose 55 p ...