Macro Finance
Fast-Money Systematic Funds Stoked $2.3 Trillion Tech-Stock Rout
Bloomberg Markets·November 6, 2026·1 min read
Selling by trend-following systematic strategies amplified a record plunge in the Nasdaq 100 index on Thursday, as investors rushed out of US technology stocks. The fast-money funds' actions contributed to a $2.3 trillion rout in tech-stock market value. The selloff underscores the impact of algorithmic trading on market volatility.
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