Wall Street Slumps as Tech Losses Put Nasdaq on Course for Correction
U.S. stocks fell, with sharp technology-share losses putting the Nasdaq on course for a correction.
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03:23:22 PM UTC
SquawkNews
By Shashwat Chauhan and Utkarsh HathiUS stocks dropped sharply on Thursday, with the Nasdaq poised to confirm correction territory as steep losses in chip and data center-related stocks weighed a day after the Democrats' sweeping midterm election victory powered a broad-based rally.Qualcomm NASD…