Markets Tumble as Tech Sector Faces Downturn

Reported 3 months ago

U.S. stock markets experienced a mixed closing, with the Dow Jones Industrial Average rising by 0.51% while the Nasdaq, heavily populated by tech stocks, fell by 1.28%. The S&P 500 also dropped by 0.5%. This decline is attributed to a shift from large tech companies to smaller capitalization stocks, following disappointing second-quarter results from major tech players like Alphabet.

Source: YAHOO

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