Tech Sector Plunges, Wipes Out $2T
Update: 2025-11-14
Description
Wall Street experiences significant tech sector downturn, erasing nearly $2 trillion in market value in two weeks. Nasdaq Composite, heavily weighted with tech stocks, is down over 3.5% this month. Bitcoin drops 5%, reflecting a more cautious investor approach. Economic data delayed due to government shutdown awaited for future interest rate decisions.
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