Nasdaq 100 Touched Correction Territory As Week Began, Hurt By Apple Dip As the first anniversary of Covid approaches, stocks that helped keep the lights on during the darkest days of 2020 are forging a big retreat. The Tech selling stalled overnight as investors got back to “buying the dip,” but we’ll see what happens as Tuesday continues. Sometimes pre-market trading trends carry over when the opening bell rings, sometimes they don’t. Whatever happens, it’s way too early to say for sure if this downward surge is stalling. One major catalyst for strength early today is a big drop in the 10-year Treasury yield to 1.52%. It was above 1.6% yesterday. These kinds of sharp moves aren’t typical, and traders may want to stay on their toes and use extra care. Where things are now, volatile yields could mean volatile stocks. Overall, it’s not just the U.S., but most places around the world rallied overnight. The dollar had been near a three-month high, but with yields pulling back, the dollar is pulling back, which could be helping overseas markets. Rally Hats On, But For How Long?