Markets
9.7
US inflation beats at 3.7%, sparks global tech selloff, Fed hawkish bets
Published 1 d ago9 sourcesEvidence: Reported
SeverityHighAssessedDeveloping storyAnadolu Agency ENUS
US equities fell sharply, led by Nasdaq losses as AI-linked names like CoreWeave and Broadcom saw heavy selling. A concurrent oil rally added to inflation and rate concerns, pressuring risk appetite. The move suggests a rotation out of high-multiple tech into energy, with uncertainty over whether the AI selloff is a correction or a trend reversal.
Published 1 d ago9 sourcesEvidence: Reported
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