Wall Street experienced a historic tech sell-off on Tuesday, with the Nasdaq composite closing in correction territory. The index dropped 3.1% in the stock market's worst day since last April's tariff turmoil, reflecting a massive $2.5 trillion reality check on AI investments. The sell-off wiped out significant market value as investors reassessed tech stock valuations amid growing concerns about the sector's growth sustainability.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing