On Tuesday Tech stocks lagged, with the Nasdaq 100 losing 0.5% as investors unwound their post-SVB sector rotation trades on the rise in bond yields and spooked by EV names showing signs of stress. Lucid fell 7.3% on reports of layoffs. Tesla slipped 1.4%. S&P 500 edged down 0.2% in a quiet session. The energy sector stood out, rising 1.5%. Occidental Petroleum gained 4.3%, surging for the second day in a row after Berkshire Hataway added to its stake, In after-hours trading, Lululemon shares rose over 12% after delivering stronger-than-expected sales amid high demand and guiding an upbeat outlook. The company is ... (full story)