Trader Michael Burry, famous for calling the 2008 housing crisis, has announced bets against Palantir and Nvidia.
The Dow cut a larger earlier loss to 0.2%. The Nasdaq composite dropped 1% and the S&P 500 retreated nearly 0.6%, as Palantir ...
The tech-heavy index was down 1.3% on Tuesday, though it rallied off its lows from earlier in the session. The Dow cut its decline to 181 points, or 0.4%. The S&P 500 was down 0.8%.
Stocks are trading lower on Tuesday as investors question high tech valuations, and Treasury yields rise to three-week highs.