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Tech Stocks Fell on June 14, and Semiconductors Were the Drag

Sanmit Amin
Tech Stocks Fell on June 14, and Semiconductors Were the Drag

Safe havens such as Treasuries and gold were back in favor on June 14 as stocks fell due to rising tensions in the Middle East, concerns over growth, and the looming threat of the US-China trade war. The tech-heavy Nasdaq Composite Index fell 0.67% in the first hour of trading.