Major US Stock Indices Fall, Pulled Down By Sharp Tech Selloff
US stocks ended Tuesday’s trading session with significant retracements from their recent record highs. This decline was primarily driven by a drop in artificial intelligence (AI) stocks.
- S&P 500 index: Fell 51.97 points (0.67%) to 7,692.10 points.
- Nasdaq Composite: Dropped 350.45 points (1.31%) to settle at 26,294.46 points.
- Dow Jones Industrial Average: Lost 115.93 points (0.22%) closing at 53,343.85 points.
Facebook, Twitter, Reddit, Pinterest and Whatsapp related topics were discussed in the context of these market movements.
