#NasdaqWorstDayInOverAYear The Nasdaq Composite suffered its worst trading day in more than a year, falling about 4.2% as investors rushed to sell technology and AI-related stocks. The sharp decline was driven by stronger-than-expected U.S. jobs data, rising Treasury yields, and concerns that interest rates could remain higher for longer. Major semiconductor and AI companies, including Nvidia, Broadcom, AMD, and Micron, experienced significant losses, dragging the broader market lower. The selloff also ended a strong rally that had pushed tech stocks to record highs. Analysts view the decline as a combination of profit-taking and growing concerns about valuations in the technology sector.
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