(CNBC) The latest sell-off in U.S. stocks is “a nice, healthy correction” after climbing sharply in the last few months, according to the chief investment officer of Singaporean bank DBS. Tech stocks — the market leaders since late March — led the decline overnight, with the Nasdaq Composite falling by 5% by the session close. The S&P 500 and Dow Jones Industrial Average dropped 3.5% and 2.8%
Sell-off in U.S. markets is ‘a nice, healthy correction,’ says CIO of major Asian bank
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