📰 5 sources covering this story

Wall Street just suffered a historic crash in high-flying stocks. Here is why a quick tech rebound could be a trap.

First covered 3 days ago · latest take 56 mins ago. Compare how each outlet is covering it — and rate the sources you trust.

MarketWatch56 mins ago

A bounce may be coming for those momentum stocks that have been brought back to earth, which could open up another selloff, says BTIG’s Jonathan Krinsky.

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Philadelphia Inquirer15 hrs ago

Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower

Oil prices got back to jumping, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control

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Quartz2 days ago

Chip stocks are in freefall from Seoul to Wall Street. Amazon, Meta, and Microsoft report this week

South Korea's Kospi fell 10% and Nasdaq-100 futures dropped more than 1% as semiconductor names slid for a fourth session

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CNBC2 days ago

How Wall Street tech and South Korean stock market are becoming increasingly intertwined

The 60-day correlation between the Kospi and Nasdaq 100 recently climbed to about 0.50, its highest level since 2021, according to data provided by Rayliant.

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Fortune🏁 first to report3 days ago

Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting

Iran and Oman are also in talks that center around having Iran run vessel transit through the Strait of Hormuz with fewer restrictions on ships.

Trust?Read on Fortune ↗