Tech stocks are leading a fresh market sell-off as oil prices spike

The stock market was hit with a wave of selling on Tuesday as traders dumped some of the market's highest-flying tech names and reacted to a spike in oil prices. On the tech side, investors have been wary of high valuations for months, and are anxiously watching for signs that the AI trade is under pressure. A rotation into other parts of the market that began at the start of the year accelerated in Tuesday's session. While many of the top tech and AI names in the S&P 500, stocks in other sectors jumped a ...