Only 33.7% of the equity universe rose on the day, and just 27.6% were higher over three days, reinforcing that losses remained broadly distributed even as $SPY, $QQQ, and $IVV were little changed.
core equity ETFs such as $SPY, $IVV and $VTI fell around 0.4% to 0.5%, while global and international exposures were weaker, with $ACWI down 0.8%, $VXUS down 1.3% and emerging markets under sharper pressure.
Market tone was mixed and somewhat fragmented. Broad U.S. equity benchmarks were slightly lower, with $SPY down 0.39% and $IVV off 0.41%, while the Nasdaq held firmer as $QQQ gained 0.18%.
Market tone was mixed and somewhat fragmented. Broad U.S. equity benchmarks were slightly lower, with $SPY down 0.39% and $IVV off 0.41%, while the Nasdaq held firmer as $QQQ gained 0.18%.