Siebert Financial sees technology selloff as market rotation, not systemic panic

• Last week's technology selloff reflected market rotation rather than systemic panic, contrasting with the 1987 crash.
• The Nasdaq Composite fell 4.5% for the week; the Dow Jones Industrial Average gained 0.7%.
• Eight consecutive declines erased roughly $2 trillion from the Philadelphia Semiconductor Index, which remained up nearly 60% this year.
• The 10-year Treasury yield fell from 5.24% to 5.09%, signaling continued demand for bonds as a safe haven.
• Concentrated technology exposure remains a portfolio risk; Q3 earnings will help distinguish price declines from deteriorating fundamentals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Siebert Financial Corporation published the original content used to generate this news brief on October 19, 2026, and is solely responsible for the information contained therein.