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Big Tech Leads Global Stock Sell-Off as SpaceX Rally Reverses

6/25/2026

Big Tech stocks have led a broad decline in global equities, with losses originating on Wall Street spreading across international markets.

A recent rally in SpaceX has reversed course, adding pressure to risk assets worldwide. The combination marks a meaningful shift in sentiment for two of the market's most closely watched segments.

Wall Street Sets the Tone for Global Markets When Big Tech sells off, the ripples travel fast.

The sector carries enough weight in major indices that a meaningful decline in its largest constituents can drag benchmarks lower and reshape the mood across trading desks from New York to London to Tokyo.

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