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September started with the "fear of missing out" syndrome at a high. Chinese equities, however, did not perform as well early in the week, dragged down by an unabated hostility towards China. Thus, they lacked the "buffer" that the U.S. equities enjoyed before it was squandered on Thursday and Friday.
A major driver for the rally in the U.S. stock markets and especially technology stocks were attributed to the aggressive purchases of U.S. equity derivatives worth "billions of dollars" by SoftBank (SFTBY)(SFTBF). Charlie McElligott, a strategist at