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via wsj.comMarkets

Record tech stock sell-off on Thursday is not a cyclical turning point, WSJ says

FROM THE WIRE · WSJ.COM

You can't spell pain without AI, but it's way too soon to say that Thursday's record tech stock carnage is some sort of cyclical turning point. This bull market's obituary has been written prematurely more than once in the past few years. For what it's worth, futures and…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA record tech sell-off weighs on major indices and AI-linked stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Tech stocks suffered a record sell-off on Thursday.
  2. 02Futures and overseas markets point to a rebound at the open.
  3. 03The heaviest-hit stocks are expected to lead the recovery.

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