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Tech stocks’ July selloff viewed as a stress test, not a break
A July stock-market pullback in technology is being framed as a stress test for the sector rather than a sign that the broader tech bull market is over, according to MarketWatch.
The outlet’s view is that the recent selling has not fundamentally changed the underlying trend in tech stocks, suggesting investors may be able to approach weakness with a “buy the dip” mindset.
MarketWatch characterizes the move as temporary pressure that has tested positioning, rather than a definitive break in the market’s direction.
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