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Tech Sector Bears Brunt Of Selling

EQUITIES

A mixed session with cash markets in Japan and mainland China closed for holidays. The Hang Seng has squeezed out some gains along with markets in Australia, while in Taiwan the Taiex is seeing its second day of heavy losses, and South Korean bourses also seeing selling. The tech sector is being hit particularly hard thanks to a sell off in the US yesterday. US futures are lower as the greenback gains, the Nasdaq bearing the brunt of the selling.

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