0.7 C
Ottawa
Sunday, January 18, 2026

Wall Street Review: Tech Sell-Off Pulls Stocks Lower

Date:

Traders work on the floor of the New York Stock Exchange on Nov. 7, 2025. Spencer Platt/Getty ImagesA broad sell-off in technology shares led stocks lower this week as investors took profits and weighed new signs of economic weakness.Despite strong earnings from Palantir, AMD, and Qualcomm, valuation concerns fueled a decline in major indexes. The Dow Jones Industrial Average fell by 1.21 percent for the week to close at 46,987, while the S&P 500 dropped by 1.63 percent to 6,728, after briefly dipping below its 50-day moving average on the afternoon of Nov. 7.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Slovak Prime Minister Meets With Trump in Florida for Nuclear Plant Deal

Slovak Prime Minister Robert Fico attends a meeting in...

California AG Sends Cease-and-Desist Letter to Musks xAI Over Nonconsensual Explicit Images

Grok is a generative artificial intelligence (GenAI) chatbot developed...

Catch-Up Contributions: Maximizing Your Savings If Youre Over 50 in 2026 and Beyond

Ground Picture/ShutterstockIf you’re over 50 and feel behind on...

Over Half of New Hires Land Jobs in a MonthWith Tempered Expectations

A "Now Hiring" sign outside Taylor Party and Equipment...