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Software Sell-Off Hits Nasdaq; Workday, DigitalOcean, Meritage Homes In Focus
Episode 73

Software Sell-Off Hits Nasdaq; Workday, DigitalOcean, Meritage Homes In Focus

The 10-year Treasury yield jumped ahead of next week’s Fed meeting.

Stock Market Today With IBD · Investor's Business Daily

June 7, 202321m 49s

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Show Notes

The Russell 2000 small-cap index outperformed again, but several software stocks came under heavy selling pressure. Volume rose, giving the Nasdaq composite and S&P 500 another distribution day. Workday looks ready to test the 200 level; DigitalOcean halted an eight-session win streak, while Meritage Homes topped a new buy point.

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