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Tech stocks dive as Friday’s incoming SpaceX IPO creates ‘bad psychology’

MarketWatch · Jun 9, 2026, 8:31 PM · Also reported by 2 other sources

Technology stocks tumbled on Tuesday, extending a swoon that began in early June, as investors anxiously await the historic SpaceX IPO later this week and retreat from hot parts of the AI playbook.

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Tech stocks dive as Friday’s incoming SpaceX IPO creates ‘bad psychology’

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