Reply To: Traders Market Weekly: Robots, Dribbler Enthusiasm and Short Squeezes

#41600
MoneyNeverSleeps
Participant

Weak mega cap stocks today.

The Vanguard Mega Cap Growth ETF (MGK) closed down 0.4% versus a 0.3% gain in the Invesco S&P 500 Equal Weight ETF (RSP) and a 0.1% loss in the S&P 500.

Meta Platforms (META 170.25, +3.14, +1.9%) and Tesla (TSLA 871.27, +6.76, +0.8%) were able to buck the trend and close with gains, leading their respective S&P 500 sectors,
communication services (+0.4%) and consumer discretionary (+0.3%), to close ahead of the broader market.