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Why Tech Stocks Crashed on Wednesday

The Motley Fool
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Big tech in both the U.S. and China were hit hard on Wednesday as the trade war picked up steam and the Federal Reserve sounds like it's not going to bail out the market.

After the market closed on Tuesday , investors learned that Nvidia would need a license to sell H20 processors into China , but that license hasn't been granted and it doesn't seem likely it will be.

The Fed chair Jerome Powell spoke on Wednesday after the two-day OMC meeting that sets short-term interest rates.

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