Selling pressure in US equity markets has intensified, with large-cap technology stocks leading the decline.
The broad-based weakness follows a session on Monday where the Nasdaq Composite dropped 1.32% to 26,166.60, while the S&P 500 fell 0.37% to 7,472.79.
3%, highlighting the sector-specific nature of the sell-off.
The Dow Jones Industrial Average managed a modest gain of 0.3%, highlighting the sector-specific nature of the sell-off.
The continued retreat in tech-heavy indices suggests that investor caution remains elevated.
Svenska Dagbladet reports that the downward trend is persisting, with major technology giants facing renewed selling interest.
This pressure has overwhelmed broader market resilience, keeping risk appetite subdued across US trading venues.