Microsoft is down almost 4% – the biggest drop since June 2016 – filling the gap from earnigs as the entire tech space is coming under serious pressure in this low-high tax rotation.
No, there is no MSFT-specific news or catalyst…
FANGs, Semis, and the broad tech sector are in trouble…
As the low-to-high tax company rotation continues…
via http://ift.tt/2nrb3r9 Tyler Durden