Wall Street Opens Deep in the Red as Tech, Chips and Gold Lead a Broad Risk-Off Move
Executive summary: US markets opened sharply lower, with the Nasdaq Composite down -5.9%, the S&P 500 off -4.0% and the Dow Jones down -2.8%. The heaviest pressure is in technology and AI-linked shares, while gold, silver and crude oil are also weaker. The move points to a broad de-risking at the open, with only a handful of sectors, including banks and some defensive pockets, holding near flat or slightly positive. [Continue Reading]
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