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Latin Times
Latin Times
Business
Agence France-Presse (AFP)

Markets Track Tech-led Plunge On Wall St, Yen Extends Gains

Heavy selloffs in tech stocks hammered equity markets Thursday, tracking a plunge on Wall Street as disappointing earnings caused traders to panic that a long-running rally in the sector may have been overdone.

Tokyo's Nikkei led the retreat in equities, diving more than three percent, with a stronger yen adding to the downward pressure on exporters.

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