US Markets Under Pressure: Tech Stocks Weakness, Financials Outperform

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CNBC Awaaz•17-02-2026, 23:33
US Markets Under Pressure: Tech Stocks Weakness, Financials Outperform
- •US stock markets face pressure and volatility, with initial gains proving unsustainable.
- •Major tech stocks show weakness due to AI impact concerns, leading to sell-offs.
- •S&P 500's information technology sector saw limited gains despite Nvidia and Apple, as Microsoft declined.
- •Last week saw the biggest weekly decline for Wall Street indices since mid-November over AI concerns.
- •Financials sector, including Goldman Sachs and JPMorgan Chase, outperformed, while software stocks continued to fall.
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