Software stocks fall for an eighth straight day, with a sweeping roster of decliners

Core Viewpoint - The software sector is experiencing significant declines, with concerns about AI tools negatively impacting traditional financial software offerings [1] Group 1: Market Performance - Software stocks have fallen for eight consecutive days, marking the worst eight-day performance in nearly six years [1] - Out of 114 stocks in the iShares Expanded Tech-Software ETF, 102 have declined, indicating widespread losses across the sector [1] - The ETF has recorded a total loss of approximately 19% during this recent eight-day period, including a roughly 5% drop on the latest trading day [1]