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jsonstein@masto.deoan.org ("Jeff Sonstein") wrote:
well, suck eggs:
“…recent macroeconomic factors are contributing to today’s sell-off in tech stocks. Key drivers include persistent inflation, interest rate uncertainty, concerns about tariffs and trade policy, slowing manufacturing, and weakening consumer and business sentiment. These factors have raised fears of slower economic growth and pressured earnings forecasts for major technology firms, prompting investors to reduce exposure to the sector”