Stock Buyers Step In to Fuel Bounce From Lows: Markets Wrap

Tech Selloff the ‘Air Pocket of August,’ Says BNY’s Levine

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By Rita Nazareth

August 19, 2025 at 10:30 PM UTC

Updated on

August 20, 2025 at 9:02 PM UTC

Stocks rebounded from session lows after a week-long tech selloff, in the latest sign of febrile Wall Street trading ahead of Jerome Powell’s Jackson Hole speech.

Following a rout that shed billions of dollars from US equity values, buyers emerged in the last stretch of Wall Street trading. A renewed slide in big tech and signs inflation remains the predominant concern of Federal Reserve officials weighed on trading Wednesday.