The fact that U.S. equities fell only slightly last week might be considered something of a victory. With a high-profile congressional testimony, elections in the U.K. and France, and a wobble in technology stocks to end the week, equities might have been expected to suffer a steeper bout of profit taking than just the few index points they did. But, as it turned out, the congressional testimony produced no smoking gun and resolved little in the ongoing Russia investigation. However, the technology heavy Nasdaq Composite was less fortunate than the broader averages, suffering a 1.6 percent decline on the heels of a sharp Friday selloff. Investors will be watching to see if the one-day downturn stabilizes, or is an indication of something more insidious in the very sector that has powered much of the broader market’s gains this year.