U.S. Markets End on a Sombre Note Amid Tech and Banking Sector Slump
Published on: Jan. 15, 2026, 1:39 a.m. | Source: Devdiscourse
U.S. stocks saw a decline, driven by technology shares and banking losses, with the Nasdaq dropping over 1%. A disappointing Q4 profit report from Wells Fargo contributed to a bank index slump. Tech stocks faced pressure amid a Reuters report about Chinese cybersecurity software restrictions. Retail sales exceeded expectations.
