US Stock Market: Tech Stocks Plummet Again as Wall Street Narrative Shifts – What's Next?

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US Stock Market Rollercoaster: Tech Plunges, Nvidia Leads Decline Amid AI Doubts

Stock Crash After US Tariff Shock

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CNBC Awaaz•27-02-2026, 07:30

US Stock Market Rollercoaster: Tech Plunges, Nvidia Leads Decline Amid AI Doubts

•US stock market experienced high volatility, with indices recovering from lows but S&P 500 and Nasdaq closing in red.
•Nvidia's shares plummeted 5.5%, becoming the day's biggest story due to investor concerns over AI investment returns and OpenAI deal uncertainty.
•The decline in Nvidia triggered a broader sell-off in the chip sector, affecting AMD, Broadcom, Intel, and TSMC.
•Despite tech sector woes, 350 S&P 500 stocks closed higher, with Salesforce jumping 5% on a $50 billion buyback announcement.
•Global events like US-Iran nuclear talks and US-Cuba tensions added to market volatility; Block announced job cuts due to AI, boosting its stock.

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