Gabelli Funds Growth Equities CIO Howard Ward in Bloomberg

Post-Earnings Meta Rally Fails to Prop Up QQQ: Markets Wrap

  • Nasdaq 100 notches worst slide of 2023 as bond yields climb
  • iYen drops to weakest this year versus dollar on wide yield gap
  • A giant exchange-traded fund tracking the Nasdaq 100 (QQQ) whipsawed in late hours as a post-earnings rally in Meta Platforms Inc. failed to spur a rebound after the tech-heavy gauge‚Äôs worst slide of 2023.

    Read more here: https://www.bloomberg.com/news/articles/2023-10-24/asia-stocks-set-to-rise-on-china-stimulus-plans-markets-wrap