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September Effect Threatens AI Tech Stocks as Investors Eye Gold Rotation

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Historical data highlights the 'September Effect', where the S&P 500 averages a 1.1% decline due to seasonal institutional rebalancing.
  • Heavily concentrated AI megacaps face potential de-risking and volatility, prompting rotations toward defensive safe havens such as gold.
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XAUUSD price history

4354.10 -5.11% over the displayed period

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