Hotter PPI, Tech's Rough Stretch, Biden: China a "Ticking Time Bomb" 8/11/23
Squawk on the Street
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The Dow Is Still Negative for the Week, but the 50-Day Average Is Still Positive
The SP500 is now firmly negative for the week, down a little more than half a percent. The Dow is still positive this week just a little bit; it shows you where the brunt of the pain has been on technology. I think after earnings, there was a sense out there that people had loaded up on these names enough that they, you know, trip. It's going to be harder to do that today.
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