Investors Shun Risky Assets as Tech Trade Stalls


The selloff in highflying technology shares has been accompanied by a broad retreat from other risky assets, raising questions about the foundation of the market recovery, as investors anticipate a potentially volatile autumn.

The tech-heavy Nasdaq Composite dropped just over 10% in the three trading sessions through Tuesday, sending it into correction territory. Apple Inc. shed 14% over that period, Microsoft Corp. lost 13%, and Inc. dropped 11%.

A Global Asset Management Seoul Korea Magazine

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