Falling tech stocks drag global shares lower - News Summed Up

Falling tech stocks drag global shares lower


Wall Street's main indices dropped on Friday, as a selloff in technology shares dragged global gauges from the brink of record highs. Plunging tech stocks dragged the Nasdaq Composite down by more than 2 per cent after chipmaker Broadcom published disappointing forecasts, fuelling anxieties over tech and artificial intelligence valuations. DUBLINAmid declines in banking stocks across Europe, the Iseq index fell 0.4 per cent on Friday, largely in line with its peers. The blue-chip index was dragged lower by a dramatic reversal of fortunes for precious metal miners. NEW YORKUS stocks extended losses, as a sell-off in technology shares dragged global gauges from the brink of record highs.


Source: The Irish Times December 13, 2025 06:02 UTC



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