The Magnificent 7 tech-heavy ETF just broke to its lowest point of the year this morning. Currently sitting at -1.2% for 2026, the index is signaling some cooling momentum in the mega-cap tech rally that dominated the previous cycle. Worth monitoring whether this dip attracts fresh accumulation or signals deeper weakness ahead.
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The Magnificent 7 tech-heavy ETF just broke to its lowest point of the year this morning. Currently sitting at -1.2% for 2026, the index is signaling some cooling momentum in the mega-cap tech rally that dominated the previous cycle. Worth monitoring whether this dip attracts fresh accumulation or signals deeper weakness ahead.