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Tech stocks log worst day since 2020 as carnage comes to the AI trade

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Tech stocks log worst day since 2020 as carnage comes to the AI trade
Photo / Coverage: MarketWatch Top StoriesCredit: Tomi Kilgore
EXECUTIVE SUMMARY

S&P 500 lost an estimated $2.9 trillion in market capitalization, the largest one-day loss of market value on record

Key Takeaways

  • Tech stocks log worst day since 2020 as carnage comes to the AI trade.

S&P 500 lost an estimated $2.9 trillion in market capitalization, the largest one-day loss of market value on record

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