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The madness in markets sent traders rushing to protect against more damage in tech stocks — here's how their caution may have saved the day

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The madness in markets sent traders rushing to protect against more damage in tech stocks — here's how their caution may have saved the day
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BI PRIME: Stocks got crushed over a six-day period, and no area was hit harder than the tech companies so responsible for pushing the market higher. Traders were paying a heavy premium to hedge against further losses in tech, it seems to have helped stem further losses.

 

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