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Schwab Network

State of the Tech Sector: U.S.-Iran War, Bitcoin Adds Unseen Pressures

8 min10 juni 2026

Charles Schwab's Nathan Peterson breaks down the factors for recent market softness caused mostly by the tech sector. He says there is a lot of volatility happening within the cohort, especially within the AI memory trade. Bitcoin's lagging price action is another pressure he sees impacting markets. Nate also investigates the outlook for market growth amid the lack of progress in U.S.-Iran peace discussions.


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