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The Piney Point

Wall Street tumbles to its worst day since June after the sell-off for tech stocks deepens

Wall Street tumbles to its worst day since June after the sell-off for tech stocks deepens
Photo: KPRC 2 / Click2Houston (NBC) · view original

The sell-off for tech stocks on Wall Street got even worse on worries that the frenzy around AI sent prices too high. The S&P 500 dropped 1.8% Friday for its worst day since June. The Nasdaq composite fell 2.9%, while the Dow Jones Industrial Average dropped 1.1%. Intel sank almost 29% for its wo...

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