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’s 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