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Wall Street drops to its worst day since June after tech sell-off deepens
A sell-off for tech stocks got even worse on Friday on worries that Wall Street’s frenzy around artificial intelligence technology sent prices too high. The S&P 500 tumbled 1.8 per cent for its worst day since June, and it closed out a third straight losing week. The weakness for technology stocks dragged the Nasdaq composite down a market-leading 2.9 per cent, while the Dow Jones Industrial Average dropped 572 points, or 1.1 per cent. The US stock market remains only 3.1 per cent below its...
Latest closeS&P 500 7,580.07 ▼1.8%|Nasdaq Comp. 25,437.00 ▼2.9%|Dow Jones 51,770.31 ▼1.1%
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