Money and business
US stocks fall sharply as technology losses worsen
closed stocks in declined sharply yesterday, Thursday, as investors intensified their selling of shares of technology companies and exited shares of the transportation sector amid concerns about the disruption that artificial intelligence technologies may cause.
After the indicators started the session on the rise, the decline as investors sold shares of riskier sectors and bet on more hedged sectors.
US stocks
The index declined "Standard & Poor’s 500" (108) points, or (1.57) percent, at (6832.62) points, and it also declined "Nasdaq Composite Index" (469.32) points or (2.02) percent, reaching (22600.85) points.
The index fell "Dow Jones Industrial Average" (668.88) points, or (1.33) percent, reaching (49453.61) points.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
Follow Us
