S&P 500 sheds $4 trillion as tech stocks slide into bear territory

Poin penting

• The S&P 500 index has lost $4 trillion in value as technology stocks enter bear market territory.
• Growing concerns over artificial intelligence expenditure alongside broad equity declines indicate heightened market volatility.
• Consequently, rising investor caution could extend beyond major stock indexes, impacting broader financial markets as market participants react to the ongoing technology sell-off.

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