Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint

A midday rout in the "Parabolic 7" chipmakers reversed by the close as money fled into the market's dullest corners.

Source: [Fortune](https://fortune.com/2026/06/09/nasdaq-100-sp-ai-trade-semiconductors-spacex-ipo/)