Stocks Plunge as Tech Sector Takes Hit
U.S. stocks experienced a sharp decline Wednesday, marking the worst performance since 2022, driven by a significant pullback in technology companies. The tech-heavy Nasdaq index fell 3.6%, while the S&P 500 index dropped 2.3%, reflecting widespread investor caution. Wall Street traders sought to reduce their exposure to firms heavily invested in artificial intelligence and other high-growth sectors. This movement came amid growing concerns over inflated valuations and […]