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US chip and memory stocks fell in a fresh bout of Wall Street turbulence, as investors pulled away from shares in companies that had led markets higher this year.
The selloff reversed gains for a sector that had outperformed broader indexes through the current year.
Selling concentrates in the year's top performers Chip and memory names had attracted capital on the strength of their year-to-date advance.
Investors withdrew from those positions as conditions across Wall Street deteriorated, according to reports on the session. Companies that lead markets during a rally carry heavier exposure once selling begins.
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