US markets hit by big tech sell-off
The sell-off for tech stocks on Wall Street worsened on Friday on fears that the frenzy around AI has sent prices too high. The S&P 500 dropped 140.32 points, or 1.8 percent, to 7,580.07, for its worst day since June. The Nasdaq composite fell 747.72 points, or 2.9 percent, to 25,437.00, and the Dow Jones Industrial Average dropped 572.25 points, or 1.1 percent, to 51,770.31. Intel sank almost 29…
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