markets
MSFT -2.24% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
MSFT breaks below $390 intraday — tech selling accelerating mid-session.
Microsoft is trading at $388.82, down 2.24% from yesterday's close of $397.75, with no stock-specific catalyst driving the flush. Broader tape is ugly: PLTR off 4.55%, SOFI down 3.8%, QBTS dropping 2.3% — this is sector-wide tech/growth liquidation during live trading. IWM holding relatively firm at $294.57, suggesting rotation rather than full risk-off.
Watch: $385 as the next technical level on MSFT — a hold keeps dip-buyers relevant, a break opens air toward $378. On the rotation side, Philip Morris earnings beat on cigarette demand and Zyn investment signals defensive consumer names catching intraday bids — monitor staples vs. tech spread into the afternoon session.