Goldman Sachs says that despite the ongoing rout in tech stocks, the US bull market is set to continue.
Tech stocks have hit a bump, with the most-valuable US-listed company Apple posting a record one-day decline in value on 3 September. As of 13:00 BST on 8 September, the S&P 500 index is about 4.3% off its 2 September high, and the tech-heavy Nasdaq Composite has dropped 6.2% in the same timeframe.