Stock Market Today: Software, Memory Stocks Tank As AI Worries Flare Again
Business Insider·2026-02-12 17:56
It's shaping up to be another tough week for the tech sector. US stocks slid lower on Thursday, with the S&P 500 on track to notch its third straight day of losses as investors continued to dump tech and software holdings and rotate into other areas of the market.Major indexes were up earlier in the day, but tumbled more than 1% around noon. The iShares Expanded Tech-Software Sector ETF, which recently entered a bear market and endured brutal selling last week, dropped another 3%. Here's where major index ...