US stock market experienced a significant decline as mega-cap tech giants, particularly Apple, and the chip sector weighed down major indexes, with the Nasdaq being most affected. The retreat was driven by poor economic data and anticipation of Jerome Powell's testimony.
WATCH: Wall Street’s main indexes dropped sharply, with Apple and chip stocks weighing heavily on the Nasdaq https://t.co/eaeg4p5644 https://t.co/N0gDLAQNgm
Wall Street’s main indexes dropped sharply, with Apple and chip stocks weighing heavily on the Nasdaq https://t.co/aJLEUDTaCr https://t.co/UUI7OEbmYr
US Market Today: Dow Jones, Nasdaq fall over 1% each ahead of Jerome Powell's testimony; Apple cracks nearly 3% https://t.co/Xrj4bjTYZw
WATCH: Wall Street's three major indexes all retreated more than 1%, with weakness in megacap growth companies such as Apple and the chip sector weighing most on the Nasdaq ahead of this week's crop of economic data and remarks from Fed Chair Jerome Powell https://t.co/eaeg4p5644 https://t.co/fWWUruQpQo
Tech-heavy Nasdaq leads Wall Street lower as megacaps, chips slide https://t.co/bqE1vHM56k https://t.co/bswJrHa2v7
Wall Street's three major indexes all retreated more than 1%, with weakness in megacap growth companies such as Apple and the chip sector weighing most on the Nasdaq ahead of this week's crop of economic data and remarks from Fed Chair Jerome Powell https://t.co/aJLEUDTaCr https://t.co/6QVlNu7QsU
US stocks retreated, dragged down by tech, as traders waded through mostly poor economic data before Jerome Powell’s testimony https://t.co/qIWBs9ALZb
Stock market today: US stocks fall as mega-cap tech giants weigh on broader markets https://t.co/8j9rN5E09i
Dow plunges more than 450 points ahead of Fed testimony as Apple slams Nasdaq https://t.co/rAfPeKP0Fq https://t.co/iOZl5ax4n1
Stock market today: US stocks drop as trio of mega-cap tech giants weigh down market https://t.co/hJBblTv0g5