The Roundhill Magnificent Seven exchange-traded fund, which tracks the seven largest U.S. tech firms, is now down by almost 2% for 2025 so far, having risen by more than 30% during 2024.
Stocks opened higher Monday, finding support after a Friday tumble that marked the worst day of 2025 for the S&P 500 and Dow Jones Industrial Average as worries over the health of the consumer and ...
The sharp drop by the Dow Jones Industrial Average on Friday put the blue-chip stock index on pace to potentially wipe out post-inauguration gains. The Dow was down 1.6% Friday afternoon at around 43, ...
The S&P 500 dropped 1.7% and the tech-heavy Nasdaq lost more than 2% on Friday.
"The best gains have been had and [it] wouldn’t surprise me to see a significant correction,” hedge fund titan Steve Cohen ...