The U.S. stock markets are experiencing a violent, highly concentrated selloff primarily targeting artificial intelligence (AI), semiconductor, and data center stocks.
While the tech-heavy Nasdaq Composite has plunged roughly 3%, the broader market is witnessing a massive "rotation trade" rather than a blanket panic.
While the tech-heavy Nasdaq Composite has plunged roughly 3%, the broader market is witnessing a massive "rotation trade" rather than a blanket panic.