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Tech Stocks Drag Nasdaq 2% Lower; Sheds over 4% for the Week (MU:NASDAQ)

primeimages The Nasdaq Composite Index (COMP:IND) plunged 2.14% on Friday as technology stocks came under pressure. Traders wrapped a mostly losing week amid a pullback in artificial intelligence-related stocks, with memory chip stocks among the hardest-hit segments as investors reassessed the sector’s Source: Business Insider

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Investor's Business Daily broke the news in Los Angeles, United States on Friday, October 16, 2026.
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