Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint

Fortune Jun 9, 2026 3h ago ⏱ 1 min read 👁 8 views

Image via Fortune

📋 Article Summary

35 words

A midday rout in the "Parabolic 7" chipmakers reversed by the close as money fled into the market's dullest corners. This story was reported by Fortune. For more Finance news in Kenya, stay tuned to Masaa.

This is a summary. Read the complete story on Fortune below.

Full story on Fortune

Read Full Story →

🔗 Clicking will take you to fortune.com

👁 People Also Read

Finance

Costs in ETF Industry Being Driven Up By Fees: Tolle

Perth Tolle, founder of Life + Liberty Indexes, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ."…

Read

Finance

Gold Steadies After Israel and Iran Agree to End Missile Strikes

Gold was steady, after Israel and Iran agreed to end attacks that had jeopardized talks to end the war in…

Read

Finance

Citadel Securities Expands India Trading and Engineering Teams

Citadel Securities LLC, the market-making firm founded by billionaire Ken Griffin, is hiring more engineers and traders in India, as…

Read

Finance

FC Dallas Owner: Expect Dallas FIFA Games To Sell Out

Dan Hunt, owner of FC Dallas and Co-Chair of the Dallas organizing committee for the 2026 FIFA World Cup, discussed…

Read

► Necessary Cookies Always Active

Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.

► Functional Cookies Remark

Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.

► Analytical Cookies Remark

Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.

► Advertisement Cookies Remark

Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.