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Market Impact: 0.35

Trader angst pivots from inflation to growth as tech rout deepens

Source: The Globe and Mail

Technology & InnovationArtificial IntelligenceInterest Rates & YieldsGeopolitics & WarEnergy Markets & PricesEconomic Data

A rout in tech stocks is clouding the outlook for a global economy supported by the AI boom. Traders are questioning whether central banks will have scope to raise interest rates further to contain an energy-price surge linked to the Iran war.

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mildly negative

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