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Violent Tech Rout Will Avoid a 20% Drawdown: Markets Pulse

· bloomberg.com · popularity 45/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)

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Summary

A $2.3 trillion wipeout in Nasdaq 100 stocks will stop short of sending the benchmark into a bear market, or a 20% drop from recent highs, according to the latest Markets Pulse survey.

Found in: Bloomberg, Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 2 feeds; listed 2 times; feed position 12.