Business & Economy · 3 views
The bloodletting in stocks is stanched as investors buy the dip and rotate out of tech
After a grueling couple of days for tech stocks— propelled by drama and speculation around CoreWeave’s debt —traders bought the dip in the last 24 hours and stocks rose globally. U.S. futures are up before the open in New York, too.
Summary
After a grueling couple of days for tech stocks— propelled by drama and speculation around CoreWeave’s debt —traders bought the dip in the last 24 hours and stocks rose globally. U.S. futures are up before the open in New York, too. Much of the gains were in non-tech stocks.
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