Tech sell-off rattles investors with cross-asset volatility set to linger



A global swing over the past few days – from technology stocks to commodities and then extending to already sold down cryptocurrencies – has rattled investors, as violent cross-asset moves force markets to face a fundamental repricing in the digital economy and the broader implications of artificial intelligence.

Analysts now warn that heightened volatility across asset classes could persist for months.

The reassessment has played out through sharp declines across major benchmarks, led by a broad-based sell-off in technology shares as investors questioned valuations and weighed how AI could reshape business models over time.

In the US, the S&P 500 Index extended its third straight decline, closing 1.2 per cent lower on Thursday.

The tech-heavy Nasdaq 100 recorded its steepest three-day decline since April, dragged down by software stocks amid intensifying competitive pressures after AI firm Anthropic unveiled a new model aimed at financial research.

Beyond equities, the turbulence has spilled into other asset classes.

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