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stocksJun 24, 2026, 6:30 AM

Global Equity Selloff Deepens as Tech Drops 4%: Danske Bank

Danske Bank reports a sharp global equity selloff with technology stocks falling over 4%, while defensive sectors show resilience, indicating a rotation out of growth.

Danske Bank's research team notes a sharp selloff in global equities, led by a more than 4% decline in the technology sector. Despite the broad weakness, several defensive sectors finished higher, pointing to a continued rotation away from growth names.

Source: FXStreet Forex News