Tech Sell Off
Semiconductor weakness drags the Nasdaq toward correction while investors rotate capital into cybersecurity firms as a defensive hedge against AI-driven valuation concerns.
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- MARKETCitadel Securities: US bull market drivers remain intact after retail reset
The trading giant argues that structural support for equities persists despite a cooling in speculative retail flows, even as rate-hike fears linger.
Livemint - MARKETCybersecurity stocks rally as AI-driven software sell-off deepens
Investors are rotating capital from broad software names into cybersecurity firms, viewing the latter as a defensive hedge against the expanding threat landscape created by generative AI tools.
Afr - MARKETNasdaq-100 edges toward correction as semiconductor selling pressure intensifies
Chip stocks continue to drag the tech-heavy index lower, testing key technical support levels amid persistent sector-wide weakness.
Afr - MARKETMU.O (MU.O)
▼ 7.72% close $910.77 from $987.01
- MARKETMU.O (MU.O)
▲ 5.68% close $987.01 from $933.98
- MARKETMU.O (MU.O)
▼ 5.34% close $933.98 from $986.70
- MARKETMU.O (MU.O)
▲ 13.12% close $986.70 from $872.25
- MARKETMU.O (MU.O)
▲ 3.35% close $872.25 from $844.00
- MARKETMU.O (MU.O)
▼ 7.11% close $832.41 from $896.10
- MARKETMU.O (MU.O)
▼ 9.44% close $896.10 from $989.47
- MARKETMU.O (MU.O)
▲ 7.44% close $989.47 from $920.97
- MARKETMU.O (MU.O)
▼ 6.31% close $920.97 from $982.98
- MARKETNasdaq slides 2.1% as chip stocks drag US equities lower
Selling pressure in large-cap technology shares widened the Nasdaq's decline into a second session, while European benchmarks held firm.
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