Market Momentum Seems To Be Lost | Daily Stock Market Wrap 04/17

The stock market suffered its longest losing streak since January as a handful of big techs sold off — despite a slide in bond yields.
Equities fell for a fourth straight day, with the S&P 500 extending a drop from its all-time high to more than 4%. Chipmakers bore the brunt of the selling after ASML Holding NV’s orders tumbled. Nvidia Corp. led losses in megacaps. A tug of war between bulls and bears unfolded amid the expiration of VIX options — with Wall Street’s favorite volatility gauge whipsawing.
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