These are large downward movements for QQQ and VTI, and while I'm not an analyst (and DO hold positions in both of these); similar movements are tied to some previous downturns in the market – at least on early catalyst days.
An additional note: I get that this isn't a crypto related subreddit, but there are hits to a lot of important Cryptocurrencies as well. Usually there is a tendency for inverse reaction. Not today.
EDIT: to include recent trigger to 4% downside movement on .SPX
RE: The STOCK MARKET –
What say you?
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