Tumbling tech stocks drag Wall Street to its worst day in 3 weeks
Yahoo Finance·2025-12-12 05:41

NEW YORK (AP) — More drops for superstar artificial-intelligence stocks knocked Wall Street off its record heights on Friday. The S&P 500 fell 1.1% from its all-time high for its worst day in three weeks. The weakness for tech stocks yanked the Nasdaq composite down by a market-leading 1.7%, and the Dow Jones Industrial Average gave back 245 points, or 0.5%, after setting its own record the day before. Broadcom dragged the market lower and tumbled 11.4% even though the chip company reported a stronger p ...