Tech Stocks Drop to Start 2024
Jan. 2, 2024 4:37 pm ET
Tumbling expertise shares forged a pall over a buying and selling day during which the Dow Jones Industrial Average ended at a brand new all-time excessive, exhibiting how a lot sway just a few big expertise companies have over the broader market.
The tech-heavy Nasdaq Composite Index declined 1.6%, dragged down by the identical huge names, together with Apple and Nvidia, that propelled it 43% greater final yr.
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Source: wsj.com