Tech Stocks Are Tanking, Banks Panic-Bid

Writer at ZeroHedge • Sep 19, 2017 at 10:46 AM EDT

After an exuberant overnight session - ignoring the slump in USD/JPY and bond yields - the US cash session open appears to have triggered a wave of selling (especially in tech stocks).

After an exuberant overnight session - ignoring the slump in USDJPY and bond yields - the US cash session open appears to have triggered a wave of selling (especially in tech stocks)...

Nasdaq is getting whacked at the open...

Bank stocks are bid once again - back to pre-FOMC Minutes levels - as Tech rolls over...

The S&P is back to unchanged...

As VIX spikes back above 10...

And as a reminder, yesterday's open was the opposite - a panic-bid...

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