#BuyTheDipOrWaitNow? Current Market Snapshot: Stocks and Crypto
US Stock Market (Major Indexes):
S&P 500: ~6,882 (down ~0.5% recently)
Nasdaq (tech-heavy): ~22,900 (down ~1.5% in recent sessions)
Dow Jones (older, more stable companies): ~49,500 (holding better, even slightly up)
Why the dip?
Most of the recent weakness is concentrated in tech, software, and AI-related stocks. Investors worry that AI could disrupt some large software companies like Adobe or Salesforce, leading to significant sell-offs. Meanwhile, money is rotating from tech-heavy growth stocks into value-oriented sectors, ba