Big Tech enters market correction with $1.6 trillion zapped since peak
By Subrat Patnaik, Carmen Reinicke and Ryan Vlastelica | Bloomberg The seven technology behemoths that powered a 54% surge in US stocks over two years have tumbled into a collective correction, highlighting a fraught moment for American equities amid worries the economy is slowing and inflation will pick up. The Bloomberg Magnificent 7 Index slid…
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