US stocks experienced a significant decline on Thursday, driven by a renewed sell-off in the tech sector. The S&P 500 and Nasdaq Composite both experienced significant declines, heading for one of their worst weeks in recent months.
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. stocks experienced a significant decline on Thursday,
00:05driven by a renewed sell-off in the tech sector.
00:08The S&P 500 and Nasdaq Composite both experienced significant declines,
00:13heading for one of the worst weeks in recent months.
00:16Wall Street stocks have weakened in recent weeks as concerns about the
00:20impact of Trump's tariffs on China, Mexico and Canada raise fears about economic growth,
00:26reversing years of U.S. dominance in global equities.