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Published 1 month ago

Nvidia Leads Tech Sector Slide as Market Braces for Higher Rates

Summary by Financial World
On Wednesday, Wall Street witnessed a significant retreat, particularly within the technology sector, marking the S&P 500’s fourth consecutive decline. Leading the downturn was Nvidia, with the chipmaker's shares plummeting nearly 4%. This setback was echoed across the board as other tech giants, including Netflix, Meta, Apple, and Microsoft, all experienced declines. The collective downturn pushed the Nasdaq to shed over 1% of its value. Recent…

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