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MARKETS-ECONOMIC TIMES · INDIAN ·

Tech stocks dive as Fed bets rattle AI rally

As reported by Markets-Economic Times
Asian markets are experiencing a significant downturn. High-flying semiconductor stocks are bearing the brunt of the selloff. This follows a sharp fall in U.S. markets after strong jobs data increased the likelihood of a rate hike. Investors are moving away from top-performing bets. Market participants suggest this is a healthy correction after exceptional gains, with potential for future re-entry points.
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