SMH
·australia
·2 hours ago
Tech stocks plummet as Nasdaq sinks 2.1 percent in worst week since
Wall Street's technology stocks plummeted Friday, with the S&P 500 falling 1.1 percent and the Nasdaq sinking 2.1 percent in its worst week since June. Chip companies led declines, with Advanced Micro Devices dropping 6 percent and Intel falling 5.8 percent amid concerns about AI investment financing.
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Published 18 Oct 2026, 18:26 UTC · Updated 18 Oct 2026, 18:30 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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