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Wall Street points to another day of losses, led by an ongoing sell-off in tech
Wall Street faces significant losses led by a tech sector sell-off amid concerns over potential U.S. interest rate hikes. Futures for major indices like the S&P 500 and Nasdaq dropped sharply, with tech firms like Micron, Intel, and SpaceX experiencing steep declines. Global markets also fell, with Asia's Kospi and Europe's DAX seeing notable drops.
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- Nasdaq sinks 3% as tech sell-off reignites
- Tech rout intensifies as selloff grips global stocks
- Markets have worst day since October as tech stocks lead the way down, traders lose hope of rate cut
- SoftBank's shares are down 10% amid broader tech sell-off
- Tech sell-off widens as South Korea plunges
- SoftBank sinks 10% as Asia tech stocks tumble, tracking Wall Street losses