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Nasdaq 100 declined 0.24% with mixed performance across constituents. Memory and semiconductor stocks led gains while delivery and software firms lagged, reflecting sector rotation dynamics.
Microsoft shares plunged nearly 11%, marking the largest post-earnings drop since 2013 and its worst decline since early 2020, snapping a five-day rally and sinking significantly from recent highs.
Megacap tech stocks mostly declined, with GOOGL slightly up amid mixed US economic data and easing bond yields. Energy stocks rose due to crude gains, while metals plunged on profit-taking and margin…