markets
Breaking: Fed's Waller says rate hike may be needed if core inflation stays hot
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Fed's Waller floats rate hike if core inflation stays hot — tech selling accelerates after hours.
QQQ is down 2% and SPY off 0.89% in after-hours trade following the Reuters headline. COIN leads the damage at -1.57%, confirming risk-off rotation out of rate-sensitive assets. AAPL's +0.6% divergence is the only green of note in this tape.
Watch: QQQ $711.74 is the live level — a break below $710 opens room toward $700. Treasuries overnight and any Fed pushback before Tuesday's open will set the tone.