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The Nasdaq-100 crashed below its 50-day moving average for the first time since March this week as it heads for its worst stretch of losses since December.
One top Wall Street strategist makes a compelling case for a pause in the market rally.
You knew this was coming. Some kind of pause was long overdue.
Buyers are reasserting their dominance early Monday, after the S&P 500 shed 2.3% last week, its biggest weekly decline since March.
A change of tone in the stock market leaves the S&P 500 eyeing important support levels, and energy will have to pick up the baton as tech momentum wanes.