New York Tech Rout
risk-off 2 November 2026On 2 November 2026, "New York Tech Rout" was one of 5 themes driving markets, marked accelerating, naming MRVL, AMD, SMCI, ORCL. Of those, Marvell Technology moved most that day, −12.72% close to close.
Tech stocks are being aggressively liquidated during the New York session. Traders are dumping these assets, pinning them at the bottom of their daily ranges.
Archived at the close on 2 November 2026.
The markets it named, that day and since
Close to close, from Kinzan's daily record
| Market | That day | Since |
|---|---|---|
| Marvell Technology MRVL | −12.72% | −17.62% |
| AMD AMD | −7.52% | −3.81% |
| Super Micro Computer SMCI | −7.62% | −5.52% |
| Oracle ORCL | −8.76% | −2.62% |
| OKTAnot tracked | — | — |
| CIENnot tracked | — | — |
Risk-off sentiment dominates as New York selling crushes tech and energy, while the VIX surges and investors flee to safety, leaving markets pinned at session lows.
92 of the 231 instruments on the board closed the 24 hours higher and 131 lower; the risk dial read 28 of 100 (risk-off).
Other themes that day
- Energy Sector CollapseActive
- Safe Haven FlightElevated
- Speculative Stock FrenzyEmerging
- Retail ResilienceShifting