Possible scenario
Selloff Extends
−2.9%
The most likely path is further de-risking after the $3 trillion one-day loss, with investors reducing exposure to expensive AI and long-duration growth stocks. High Treasury yields, election-related policy uncertainty, and forced risk reduction keep buyers cautious over the next one to two sessions.
What it moves
- Technology−4.0%
- Consumer Cyclicals−3.0%
- Riskier companies' borrowing costs
- 10-year Treasury yield
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