Tech stocks dive as Fed bets rattle AI rally - Reuters
Tech stocks dive as Fed bets rattle AI rally Reuters
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<a href="https://news.google.com/rss/articles/CBMihwFBVV95cUxNNDgtZ3Z4ZFBTLTd4X2RDZGpodnJvdzRfOGlSY3VOaFB6WXBVVklsbHhLLXJOQ183NmdKeDBMc1RsWW1VVC10OWRWWENReUUya0lMLWNmWjhZTGRjY21OQWE0cV95YVZNbDBPYUNGVm1hTWJrTG9wR1ZPdTY5aEdrd1hMN0s1Vms?oc=5" target="_blank">Tech stocks dive as Fed bets rattle AI rally</a> <font color="#6f6f6f">Reuters</font>
Asian markets extended last week's bruising selloff with high-flying semiconductor stocks taking the heaviest beating and South Korea's KOSPI sinking more than 4.5%. U.S. markets fell sharply on Friday when strong jobs data lifted the odds of a rate hike this year and sent investors scurrying from some of the year's top-performing bets. Market participants expressed concerns over the extreme sensitivity of the market to earnings and the potential impact of rate expectations on liquidity and volatility.

Reuters reports on the significant decline in tech stocks as Federal Reserve rate hike expectations impact the AI rally. The article provides insights into market reactions and expert opinions on the situation.
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