Market Watch
08 Jun 2026, 10:40 UTC · 4h ago
Why tech's record pullback is just a ‘healthy reset' for the bull market, according to Morgan Stanley's top stock-market strategist
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Market Watch
08 Jun 2026, 10:40 UTC · 4h ago
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Story key points
2 claims · impact-rated
The Nasdaq Composite experienced its largest one-day point decline on record with a 4.2% drop. — Record-breaking declines in the primary tech index signal a severe shift in sentiment and systemic risk for growth assets.
-0.80South Korea's tech-heavy Kospi index fell 8.1% following the Nasdaq crash. — The rapid contagion to international tech markets suggests a global sell-off rather than an isolated domestic event.
-0.60Ticker attribution
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