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Tech Stocks Plunge Amid Geopolitical Tensions and Trump Remarks

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Source: Barron's
TL;DR Summary

Nasdaq futures are diving, and the Dow Jones and S&P 500 are also set to open lower as traders shift focus from high-value tech stocks to smaller companies amid expectations of lower interest rates. The Russell 2000 index surged 3.5% on Tuesday, driven by positive retail sales and confidence in potential Federal Reserve rate cuts in September. Bond yields showed mixed movements, with two-year yields rising and 10-year yields slipping.

Topics:business#dow-jones#federal-reserve#interest-rates#nasdaq#sandp-500#stock-market
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  1. Stock Market News: Dow Set to Open Down  Barron's
  2. Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments  CNBC
  3. Tech Futures Skid On ASML, Tougher China Curbs, Trump  Investor's Business Daily
  4. Stocks Sink With Tech Under Pressure; Pound Climbs: Markets Wrap  Bloomberg
  5. Stock Market Today: What to Watch  The Wall Street Journal

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