US stocks mixed as tech weakness drags NASDAQ down 2.3%, energy and defensive sectors hold steady

US equity markets showed mixed performance this week, with technology stocks falling 3.14%, leading to a 2.3% drop in the NASDAQ 100 ETF and a 0.79% decline in the S&P 500 ETF. Despite the tech slump, defensive and energy sectors performed better, supported by strong momentum in companies like Okta, Bayer, Valero Energy, Marathon Petroleum, Oversea-Chinese Banking, and Asics. This divergence highlights ongoing sector rotation amid market uncertainty. Investors may watch these trends for potential opportunities in defensive and energy stocks.