# U.S. equities

Tech Sell-Off Sends Nasdaq Down 1.5% as Energy Stocks Rally

U.S. markets opened lower with the Nasdaq down 1.5% as tech stocks fell broadly while oil and gas names rallied. ConocoPhillips and ExxonMobil rose over 4%, whereas Qualcomm, AMD and Tesla slid more than 3%, signalling a short-term investor rotation into energy and away from growth.