Dow, S&P 500 and Nasdaq end volatile week lower amid worst tech selloff since April

Shares of major “Magnificent Seven” technology companies were headed for steep weekly losses Friday morning as investors grew increasingly skeptical about the sustainability of the valuations and sky-high spending levels that have defined AI development thus far. Leading chipmaker Nvidia (NVDA) lost about 3% in the first hour of trading Friday morning, after a Trump … Continue reading Dow, S&P 500 and Nasdaq end volatile week lower amid worst tech selloff since April