The Russell 2000 has returned to a net bearish technical picture, but more importantly, the index has broken the bullish rising trendline.

It was not a good day for the market, with the S&P 500 trading down by about 1.7%.

While quantum computing giant Rigetti Computing may have been one of the top-performing tech players this year, that label is swiftly coming under attack.

Stocks slumped hard today, and a rally attempt into the close popped and flopped.

The company’s annual dividend is $1.20 per share. At its recent share price, the stock has a high yield of 10.9%.