Nasdaq Pulls Back From Lows. It's Still Taking a Beating.
Affected assets and topics
EARNINGS
REPORT
Why it matters
The Nasdaq Composite has temporarily recovered from its lows, but the tech sector, particularly software stocks, continues to face significant losses following Microsoft's earnings report.
Article tone
Neutral
How the article is written, as reported by the source.
Expected market reaction
Market impact analysis based on bearish sentiment with 90% confidence.
Evidence trail
Evidence
Source
Yahoo Finance
Claim
Nasdaq Pulls Back From Lows. It's Still Taking a Beating.
AI inference
Bearish · 90%
Generated
2026-01-29 18:31
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 39098
Original source
The Nasdaq Composite pulled off its lows, but software stocks were still getting hammered. The Dow was down 100 points, or 0.2%. The iShares Expanded Tech-Software Sector ETF was still down nearly 6% after Microsoft’s earnings report sparked another software selloff.
Read the full article on Yahoo Finance
Original article published by Yahoo Finance on January 29, 2026. Analysis and insights provided by AnalystMarkets AI.