markets
RIVN -2.11% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Tech and risk assets selling off hard at the open — MSFT and RIVN leading the bleed.
MSFT broke below $401.10 and is trading at $393.20, down 2.05% intraday. RIVN hit $16.73, off 2.11%, as small-caps (IWM -1.05%) and SPY (-1.04%) confirm broad risk-off pressure. Crypto proxies RIOT (-3.72%) and QBTS (-3.55%) are accelerating the move lower; AAPL flat at $333.46 is the lone holdout.
Watch: MSFT $390 as the next intraday support — a break opens air to $385. RIVN $16.50 is the line; lose it and momentum sellers take over.