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This is what the market looks like without FANG bloc of tech megacaps

Now, in the middle of earnings season, their support has gone missing, and the result has been something less than a catastrophe

World stock markets, global stocks
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People walk past an electronic stock quotation board outside a brokerage in Tokyo, Japan | Reuters

Elena Popina & Lu Wang | Bloomberg
Rarely does a day go by in the US stock market without someone decrying its addiction to gains in the FANG bloc of tech megacaps.
 
Now, in the middle of earnings season, their support has gone missing, and the result has been something less than a
catastrophe.
 
Not that it was a banner week. The S&P 500 Index ended where it started, and the Nasdaq 100 — home of Facebook, Amazon.com, Netflix and Google parent Alphabet — slipped from a record. But with trade tweets popping off all over the place and a currency war brewing, anything short of a