Tech stocks log worst day since 2020 as carnage comes to the AI trade
Summary
Technology stocks experienced their steepest decline since 2020 as a severe sell-off hit the artificial intelligence sector. This market downturn caused the S&P 500 to shed an estimated $2.9 trillion in market capitalization, marking the largest single-day loss of value in history.
The S&P 500 lost an estimated $2.9 trillion in market capitalization, the largest one-day loss of market value on record.
Source: Read the full story at MarketWatch.com - Top Stories
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