Wall Street stocks fall on tech and banking sector worries
Major U.S. indexes fell Friday as tech and banking sector worries weighed on sentiment. Hot inflation data also lowered hopes for a near-term Fed rate cut.
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Equity markets in the United States extended a broad selloff on Friday, leaving major indices on course for significant monthly declines. The S&P 500 and the Nasdaq Composite are currently tracking toward their steepest monthly percentage losses since March 2025, ending a February defined by anxieties over artificial intelligence costs, renewed tariff threats, and geopolitical instability.
