Even before the Fed minutes had been launched, the tech drubbing began as a rotation, with huge traders promoting one-time highfliers to buy firms poised to profit from an enhancing financial system. Before Wednesday, Goldman’s hedge-fund shoppers Programming snapped up airlines, energy and industrial shares in the course of the earlier four periods. As a end result, their technology publicity relative to the S&P 500 dropped to the bottom ever recorded by the bank.

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