Tech Wreck: S&P 500 Posts Worst Day in Over a Year
Part of composite article AI Rout Wipes $2.3 Trillion Off Nasdaq as Global Markets Plunge View full article →
The S&P 500 fell sharply on Thursday, marking its steepest one-day drop in more than a year. The technology sector led the decline as investors questioned whether the massive build-out in artificial intelligence (A.I.) can be sustained. The sell-off erased gains made after the midterm elections.