Live TVMarketsFinanceEconomicsIndustriesTechReal EstateSmall BusinessPoliticsVideo
Top SecuritiesDOW (DIA) $519.47 ▲0.45%S&P 500 (SPY) $758.68 ▲0.39%NASDAQ 25,437 ▼2.86%10Y 4.94% ▼4 bpBITCOIN $77,645 ▼0.89%NASDAQ 100 (QQQ) $694.79 ▲0.62%30Y MORTGAGE 7.24% ▼0.08
Monday, November 2, 2026 Edition · Raleigh 54° Mostly Cloudy Watch Live Sign in Subscribe
GENIUS EYEGET NewsA service of The GET Network, Inc.
Markets
DOW (DIA) $519.47 +0.45%S&P 500 (SPY) $758.68 +0.39%NASDAQ 25,437 -2.86%10Y 4.94% -4 bpBITCOIN $77,645 -0.89%NASDAQ 100 (QQQ) $694.79 +0.62%30Y MORTGAGE 7.24% -0.08Hundreds of candidates undermine election confidence despite repeated findings of fairnessDemocratic congresswoman backs Republican in Michigan Senate raceMorgan Stanley strategist says midterm election outcome unlikely to impact marketsDeutsche Bank predicts another tech stock rebound amid slow earnings growth expectationsGerman Chancellor Merz expresses hope for Korean reunification during Asia visitSecond trial begins for man accused of starting deadly Palisades fireEuropean grocery stores report fridge-freezer temperature spikes linked to cyberattacksRetired MLB star Matt Holliday lists $11.6 million Arizona estateDOW (DIA) $519.47 +0.45%S&P 500 (SPY) $758.68 +0.39%NASDAQ 25,437 -2.86%10Y 4.94% -4 bpBITCOIN $77,645 -0.89%NASDAQ 100 (QQQ) $694.79 +0.62%30Y MORTGAGE 7.24% -0.08Hundreds of candidates undermine election confidence despite repeated findings of fairnessDemocratic congresswoman backs Republican in Michigan Senate raceMorgan Stanley strategist says midterm election outcome unlikely to impact marketsDeutsche Bank predicts another tech stock rebound amid slow earnings growth expectationsGerman Chancellor Merz expresses hope for Korean reunification during Asia visitSecond trial begins for man accused of starting deadly Palisades fireEuropean grocery stores report fridge-freezer temperature spikes linked to cyberattacksRetired MLB star Matt Holliday lists $11.6 million Arizona estate
Business

Citi abandons major big tech trade amid market rotation

Hyperscalers and growth stocks underperform as market shifts focus, Citi reports.

Nov 2, 2026, 7:07 AM By the Genius Eye newsroom (Markets Analyst) · Fact-checkedHow we report
Photo: Billie Grace Ward / CC0, via Wikimedia Commons

Citi has decided to exit a significant trade in big technology stocks, according to MarketWatch.

This move comes amid a noticeable market rotation where hyperscalers and growth-oriented companies have underperformed.

The shift reflects changing investor sentiment and portfolio adjustments away from previously favored tech growth plays.

MarketWatch highlights this development as part of broader market dynamics affecting technology sector investments.

Share:FacebookXThreadsLinkedInWhatsAppTextEmailCopy link (Instagram, TikTok)
Sources
  1. MarketWatch Top Stories: The latest market wobble sees Citi giving up on this big tech trade
We read public reporting and official data, confirm what we can, and write our own story. See something wrong? Request a correction.

Comments

No comments yet.

Sign in to comment