MarketPR
Global equity markets extended their decline on Tuesday, with technology stocks bearing the heaviest losses as a broad selloff tightened its grip across major indexes worldwide.
The rout followed a losing session for the technology sector on Wall Street, with Tuesday's international trading amplifying rather than absorbing the damage.
Tech Takes the Lead in a Widening Selloff Technology stocks, which had already absorbed significant punishment in the preceding Wall Street session, continued to crater as markets opened across global trading hours.
The sector's outsized losses set the pace for broader equity weakness, a pattern that tends to amplify when the same names driving index-level gains on the way up become concentrated sources of selling pressure on the way down.
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