US Markets Under Pressure: Tech Stocks Weakness, Financials Outperform
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CNBC Awaaz17-02-2026, 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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