{"id":162447,"date":"2025-08-29T17:23:12","date_gmt":"2025-08-29T17:23:12","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/stocks-hit-by-tech-selloff-after-economic-reports-markets-wrap-bloomberg-com\/"},"modified":"2025-08-29T17:23:12","modified_gmt":"2025-08-29T17:23:12","slug":"stocks-hit-by-tech-selloff-after-economic-reports-markets-wrap-bloomberg-com","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/stocks-hit-by-tech-selloff-after-economic-reports-markets-wrap-bloomberg-com\/","title":{"rendered":"Stocks Hit by Tech Selloff After Economic Reports: Markets Wrap &#8211; Bloomberg.com"},"content":{"rendered":"<p>Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world<br \/><span>Americas<\/span>+1 212 318 2000<br \/><span>EMEA<\/span>+44 20 7330 7500<br \/><span>Asia Pacific<\/span>+65 6212 1000<br \/>Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world<br \/><span>Americas<\/span>+1 212 318 2000<br \/><span>EMEA<\/span>+44 20 7330 7500<br \/><span>Asia Pacific<\/span>+65 6212 1000<br \/>US Stocks:<br \/>Wall Street traders drove <!-- -->stocks<!-- --> lower amid a selloff in <a href=\"https:\/\/www.bloomberg.com\/quote\/BM7T:Ind\" target=\"_blank\" rel=\"noopener\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">tech shares<\/a> that have powered the surge from April\u2019s meltdown. That\u2019s despite inflation data that did little to alter bets on <!-- -->Federal Reserve<!-- --> rate cuts, with <!-- -->bonds<!-- --> and the <a href=\"https:\/\/www.bloomberg.com\/quote\/BBDXY:Ind\" target=\"_blank\" rel=\"noopener\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">dollar<\/a> seeing small moves.<br \/>Following a rally to all-time highs, the <a href=\"https:\/\/www.bloomberg.com\/quote\/SPX:Ind\" target=\"_blank\" rel=\"noopener\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">S&amp;P 500<\/a> fell almost 1%. The market is bracing for what is known as the <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-29\/stock-bulls-bracing-for-bout-of-september-s-seasonal-turbulence\" target=\"_blank\" rel=\"noopener\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">weakest month for US shares<\/a>, as institutional investors rebalance, retail traders slow their buying, volatility picks up and corporate buying goes dark.<\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMilAFBVV95cUxOWHo1SGlLNVlXYVl3b3paRnhMb3hXNEdtTWlrQ0I1Q3VsLXM0ZjViaXNDbV9xUXJFS3JTRXV4bmRReURLMEZCcFJwcE9NNElTYUJmSU5QWDlqbDJJaWZKUVFpRF9mcXFpaFpQamdCUjI4R3IwOXJWOWZqLTZDSm1WVGZHdlJFRTB4WVlXUDBCNjZ3eXRz?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":162448,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-162447","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/162447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=162447"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/162447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/162448"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=162447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=162447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=162447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}