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Stocks Pare Tech-Led Drop as Rotation Gains Speed: Markets Wrap
(Bloomberg) -- A rotation that has seen investors bail from richly priced technology names in favor of more economically sensitive industries resumed, with stocks trimming losses in the final stretch of trading.
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cryptobriefing.com
S&P 500 drops 2.64% as investors dump tech for healthcare and consumer staples
The S&P 500 fell 2.64% as investors rotated from tech into healthcare and consumer staples. Bitcoin dropped below $60K amid rising Treasury yields.
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swissinfo.ch
Tech Stocks Fall as Wall Street Revives Rotation: Markets Wrap
(Bloomberg) -- A rotation that has seen investors bail from richly priced technology names in favor of more economically sensitive industries resumed, dragging down the S&P 500…
