Tech Sector Weakness Drags S&P 500 and Nasdaq Lower

Technology Sector Weakness Weighs on US Stock Markets

Technology shares experienced a dip, dragging the S&P 500 and Nasdaq indices slightly lower on Friday. Notably, Nvidia shares fell by over 3%, marking a substantial impact on both indexes and significantly influencing the tech sector. Despite this decline, Nvidia continues to perform impressively with an approximate 155% increase this year due to a surge in AI-related stocks.