S&P 500 Posts Weekly Decline Amid Tech Stock Sell-Off
The S&P 500 recorded a weekly decline as technology stocks, particularly semiconductors and Moonshot AI's Kimi-K3 debut, weighed on investor sentiment. The index fell by 1%, with the Nasdaq Composite also showing weakness due to tech sector underperformance.
Topics: AI Nasdaq Composite S&P 500 semiconductors technology stocks