Election risk arrives for the ‘Magnificent 7’ trade: Morning Brief

Election risk arrives for the ‘Magnificent 7’ trade: Morning Brief

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with:

On Monday morning, former President Donald Trump said in an interview, “I consider Facebook to be an enemy of the people.”

On Monday, Meta Platforms (META) stock fell 4%.

Meta’s decline outpaced the 0.4% drop seen in the tech-heavy Nasdaq to start the week and served as perhaps the first reminder to investors riding the “Magnificent Seven” trade that election risk matters to…


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