Markets: Stocks fall from near-record levels amid tech rout - News Summed Up

Markets: Stocks fall from near-record levels amid tech rout


The S&P 500 and the Nasdaq dropped on Tuesday after a broad sell-off in software and cloud stocks. DublinBank of Ireland and AIB finished up for the session but only marginally by 0.4 per cent and 0.6 per cent respectively. Elsewhere, the ⁠investment banking index was down 1.5 per cent, while the retail index fell 2.6 per cent. CrowdStrike sank 3.8 per cent and Snowflake dropped 8.2 per cent, while Salesforce lost 5.6 per cent and Accenture was down 8.6 per cent. The S&P 500 software and services index ‌dropped 3.3 per cent, on pace to log its fifth consecutive day of losses.


Source: The Irish Times February 03, 2026 23:23 UTC



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