Stock Market Today: Tech Selloff Deepens, Oil Slips

Live updates

1. 1h ago

   Tech Selloff Deepens as S&P 500 Faces Longest Losing Streak Since August

   Global equity markets declined as investors rotated away from chipmakers and high-profile tech stocks. The Dow Jones Industrial Average fell 207 points, while the Nasdaq and S&P 500 also dropped. Crude oil prices slumped due to eased supply concerns.

   What's confirmed:

   • The Dow Jones Industrial Average dropped 207 points.
   • The Nasdaq Composite fell 0.95%.
   • The S&P 500 declined 0.61%.
   • Micron, Nvidia, and Sandisk stocks tumbled.
   • Crude oil prices decreased.
   • European and Asian stocks experienced declines.

   Still unconfirmed:

   • The S&P 500 is on track for its longest losing streak since August.
   • An OpenAI IPO delay is deepening AI fears.
   • Experts anticipate a market rebound.
   • Oil investors skimmed profits in the tech sector.
   confidence 85%
2. 4d ago

   Tech Selloff Drags Down Nasdaq and S&P 500 as Oil Prices Drop

   The S&P 500 and Nasdaq have declined amid a deepening selloff in technology and chip stocks. Market pressure stems from doubts over AI spending and semiconductor losses in Korea. Oil prices have fallen while investors track US-Iran negotiations.

   What's confirmed:

   • The S&P 500 and Nasdaq closed down.
   • Oil prices have fallen.
   • A selloff in technology stocks has pressured the S&P 500.
   • Investors are monitoring developments in US-Iran negotiations.

   Still unconfirmed:

   • Korean memory chipmaker losses fueled doubts about the AI trade.
   confidence 85%