Tech stocks led markets lower as artificial intelligence darling Nvidia fell nearly 4%, joined by Netflix, Meta, Apple and Microsoft. Tech was the worst-performing S&P 500 sector, falling 1.7%.
Analysts have lowered their expectations on several global stocks this week by cutting their price targets. CNBC Pro screened for global stocks in the MSCI World index that have received price target downgrades over the past seven days and are yet to report earnings.BTIG's Jonathan Krinsky is still expecting the market to turn lower in the longer term.
"Theories of Iran-Israel tension disrupting oil supplies have fizzled out," said Manish Raj, managing director of Velandera Energy Partners."Peace may have come to an end, but oil continues to flow," he said.The U.S.
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