Nasdaq Drops More Than 700 Points as Investors Sell Off Tech Stocks
4 Articles
4 Articles
The sharp fall in Wall Street indices at the end of the week indicates that investors have moved past the initial excitement of artificial intelligence and are demanding tangible profitability on the eve of fateful political and financial events.
The main indices of the New York Stock Exchange closed lower on Friday.
CNBC: Stock market rocked as investors dump tech shares
CNBC reports: The Nasdaq Composite tumbled on Friday, while the Dow Jones Industrial Average outperformed as traders moved out of key stocks related to artificial intelligence and into more defensive areas of the market. The tech-heavy Nasdaq lost 2.86% and closed at 25,437.00, posting its worst single-day performance since June. The index was also roughly 8% below its recent high. The blue-chip Dow was down 572.25 points, or 1.09%, to end at ...
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
