
Tough week for the overall market last week with the S&P 500 ($SPX) (SPY) closing down over 2% and other popular names like Nvidia (NVDA) and Tesla (TSLA) down over 3% and under 1% respectively.
This was not helped by a warmer-than-expected PPI number, and then Powell and several other Fed heads came out to say there was no rush to continue rate cuts until the economy showed it was necessary.