S&P 500 Slides as Tech Sector Tumbles 1.55% on Profit-Taking
S&P 500 declined 0.39% with technology sector leading losses at -1.55%. Energy and financials showed strength, gaining 1.6% and 0.83% respectively, as of midday trading.
Market context
Follow the story. See which markets it affects. Explore the context.
S&P 500 declined 0.39% with technology sector leading losses at -1.55%. Energy and financials showed strength, gaining 1.6% and 0.83% respectively, as of midday trading.
U.S. stock indexes declined over 1% as surging crude oil prices and rising Treasury yields triggered inflation concerns, reversing AI-driven gains. Energy stocks rallied while semiconductors and mate…
S&P 500 declined 1.03% with broad-based weakness across sectors. Technology, Consumer Discretionary, and Materials led losses, while Energy and Consumer Staples showed relative resilience.