Orderly Rebound
+1.3%
The selloff exhausts itself as hedge funds complete the fastest part of the unwind and dealers rebalance options exposure. Investors treat the crash as a positioning event rather than a fundamental break in AI demand, creating room for a short-covering rally.
What it moves
- Technology+1.5%
- Utilities+0.8%
- Riskier companies' borrowing costs
- Market volatility
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