Below 10 Billion shares had dropped in U.S. exchange for the first time of this year. On Tuesday the tech companies lose in the S&P 500, which canceled out gains in retailers. While Dow Jones Industrial Average and the Nasdaq 100 has also retreated.
Trading has slowed in recent days since investor had rotation awaited the start of the earning season which lead stocks in a record amount in the first quarter of this year as a combination of generous stimulus and bets on an economic recovery drove $372 billion into global equity funds, according to Bank of America Corp. strategists. (Bloomberg, Nazareth & Wang)