It feels like the weakness in stocks this morning could reverse quickly if the pattern we’ve seen recently continues. The small-cap Russell 2000 (RUT) index got stomped on Monday, falling nearly 3%. Heading into the week, the RUT was up more than 12% in Q1, far outpacing all the other major indices. Tech Sector Q1 Seen Strong: Though Tech got knocked around recently, earnings season could provide new hope for the sector if Wall Street estimates continue to look this rosy. Earlier this year, MU’s CEO told CNBC the company is “in a sweet spot of market trends,” after beating analysts’ earnings and revenue estimates with its fiscal Q1 earnings.

Source: Forbes March 30, 2021 13:29 UTC