Nusantara Science And Technology Proceedings
Even before the Fed minutes were released, the tech drubbing started as a rotation, with big buyers promoting one-time highfliers to purchase companies poised to benefit from an improving financial system. Before Wednesday, Goldman’s hedge-fund purchasers Technology News snapped up airlines, power and industrial shares during the previous 4 sessions. As a result, their technology exposure relative to the S&P 500 dropped to the bottom ever recorded by the bank.
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