Apple got slapped today and it dragged everything with it.

Apple got slapped today and it dragged everything with it.

Apple down 6.12% to 275.15. That is the headline. Full stop. Microsoft down 3.46% to 352.83. Oracle down 3.22% to 152.46. Amazon down 3.1% to 227.01. Walmart down 2.71% to 115.78 — even the defensive names took heat. Meta down 2.65% to 542.87. Big Tech got compressed across the board today.

Two names bucked it. AMD up 2.47% to 532.57. UnitedHealth up 2.4% to 415.53. Chips and healthcare held while software bled.

Costco down 1.96% to 942.24. Salesforce down 1.68% to 150.19. Nvidia down 1.64% to 195.74. Netflix down 1.31% to 70.90. The damage wasn't just at the top — it ran deep through the second tier too.

Futures are leaning green. SPY up 0.14%. QQQ up 0.81%. That Nasdaq bounce matters given today's tech wreckage. IWM up 0.75%. DIA up 0.14%. Small caps and tech futures leading the overnight recovery. VIX sitting at 18.89 — elevated but not panicking. Gold data unavailable.

Asian markets data did not come through tonight. Watch the QQQ open closely given that 0.81% futures pop — the rebound attempt is real.

No economic calendar events tomorrow. Clean tape.

Earnings before the open: Apogee Enterprises reporting with an EPS estimate of 45 cents. Bitcoin Depot with a negative 56-cent estimate — that one is expected to lose. Air Industries, Composite Digital, CPZ, and NBXG also on deck. Nothing market-moving at the index level, but Apogee is the one with a clean consensus number to measure against.

Today's session was a one-story day. Apple sold off hard, the sector followed, and two outliers reminded you the rotation is still alive. Tomorrow's futures suggest traders want to buy this dip at the open. Whether that holds past the first thirty minutes is the only question worth asking.

Numbers don't lie. People do. Trade accordingly.