Stocks Slide as Treasury Yields Spike; Big Tech Earnings Loom Large

Dow futures fell as 10-year Treasury yield topped 5% briefly; Microsoft, Meta Platforms headline big earnings week.

Nasdaq just avoided undercutting Sept. 27 low amid heavy losses; Leading stocks showing more weakness.

Microsoft, Google, Amazon, Meta Platforms earnings will have huge impact on cloud computing, AI, software.

Market breadth remains weak with losers outpacing winners, new lows crushing new highs.

Investors should be largely in cash, staying engaged; Earnings could catalyze moves up or down.