EconomyTech sell-off deepens, pushing Wall Street toward its worst day since June
By mid-afternoon, the tech-heavy Nasdaq was down about 3 per cent, while Canada’s S&P/TSX composite index had fallen about 2.3 per cent. Investors are increasingly concerned that hundreds of billions of dollars invested in AI may not generate enough profit and productivity to justify the spending.
Tech sell-off deepens, pushing Wall Street toward its worst day since June