U.S. Markets Decline as Technology Stocks Lead Significant Sell-off
U.S. equity markets experienced a sharp downturn on Thursday, erasing recent gains following the midterm elections. The sell-off was primarily driven by a significant decline in technology stocks, which triggered a broader market retreat. The S&P 500 closed down 4.4%, marking its most substantial single-day loss since April 2025. This volatility highlights a period of heightened risk aversion among investors as the tech sector faces downward pressure.
