ReferIndia News US stocks slump after fresh sell-off in tech stocks; Nasdaq down over 1%

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US stocks slump after fresh sell-off in tech stocks; Nasdaq down over 1%

Published on: June 10, 2026, 9:25 p.m. | Source: The Economic Times

Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met expectations. Investors reassessed AI-related valuations, while geopolitical risks and concerns over prolonged higher interest rates dampened overall market sentiment.

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