Posted 10/19/2023, 9:25:00 PM
Stocks Slide as Yields Surge; Tech Giants Tesla and Meta Under Pressure
- Stock market under pressure as Treasury yields near 5%; fear gauge rising offers hope for bounce
- Tesla plunges post-earnings on growth concerns; analysts slash estimates
- ADBE, ANET, MSFT, PLTR, META stocks flashing buy signals; earnings next week
- Fed's Powell notes tightening financial conditions with higher yields
- Key levels to watch include Nasdaq Oct. 6 low; further VIX spike could signal capitulation
