
Technology took it on the chin Tuesday, with sector bellwether and AI revolutionary Nvidia (NVDA) giving back 3.5% and $154 billion in market capitalization. But it was a broadly "risk off" market again as participants evaluate earnings and incoming data and await more words from the Federal Reserve.
The Roundhill Magnificent Seven ETF (MAGS), which includes NVDA as well as Microsoft (MSFT), Apple (AAPL), Meta Platforms (META), Alphabet (GOOGL), Amazon.com (AMZN), and Tesla (TSLA), was down 1.6%.