TechFlow news, April 3 — According to Jinshi News, U.S. Treasury Secretary Bessent said Wednesday evening that the stock market sell-off was driven more by a sharp correction in large technology stocks than by the Trump administration's protectionist policies.
Bessent said in a television interview: "I'm trying to be Treasury Secretary, not a market commentator. I would point out that the Nasdaq, in particular, peaked on DeepSeek Day, so this is a Mag7 issue, not a MAGA issue."




