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Nasdaq falls for a second day as tech struggles again: Live updates – CNBC


Nasdaq falls for a second day as tech struggles again: Live updates – CNBC

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Nasdaq Declines for Second Consecutive Day Amid Ongoing Tech Struggles: Live Updates

The Nasdaq Composite has experienced a second day of declines as concerns within the technology sector continue to unsettle investors.

AI Concerns Impact Tech Stocks and Drive Market Down

Recent jitters surrounding artificial intelligence have put additional pressure on tech stocks, causing significant drops for major players like Nvidia and Palantir. This trend has contributed to Wall Street’s downward trajectory.

US Stocks Face Continued Decline Ahead of Jackson Hole Meeting

As investors brace for the upcoming Jackson Hole Economic Symposium, stocks are poised to extend their losing streak. The uncertainty surrounding monetary policy is causing caution among traders.

Tech Sector Faces Increased Pressure Ahead of Federal Reserve Meeting

With a focus on the upcoming Federal Reserve meeting, the tech sector remains under pressure, leading to a cautious atmosphere on Wall Street.

Stay tuned for the latest updates as we monitor the market’s response to these developments.

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