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Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters

Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters
Bloomberg Markets Wednesday 24 June 2026, 06:48 UTC By Sagarika Jaisinghani 1 min read
Key Points

Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters US technology stocks were set to rebound on Wednesday after concerns around artificial intelligence valuations wiped out nearly $1.3 trillion from the market capitalization of Nasdaq 100 stocks over two days. Contracts on the index gained 0.6% by 2:37 a.m. in New York after a 3.3% slump in the previous session. S&P 500 futures inched about 0.2% higher.

Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters US technology stocks were set to rebound on Wednesday after concerns around artificial intelligence valuations wiped out nearly $1.3 trillion from the market capitalization of Nasdaq 100 stocks over two days. Contracts on the index gained 0.6% by 2:37 a.m. in New York after a 3.3% slump in the previous session. S&P 500 futures inched about 0.2% higher.
AI Jitters Tech Stocks Set to Bounce (ORG) US (LOCATION) New York (LOCATION)
Originally published by Bloomberg Markets Read original →

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