The Dow Jones Industrial Average plunged Friday while the tech-heavy Nasdaq reversed a weeks long rout just a day after Wall Street suffered its worst trading session in more than a month.
The Dow had plunged 107 points, or 0.2%, as of about 12:20 p.m. ET.
The S&P 500 rose 0.5%, while the Nasdaq jumped 0.8% – on track to break a three-day losing streak.
Tech stocks rebounded after investors led a weeks-long sell-off, panicked over whether artificial intelligence firms have been overvalued – potentially creating an AI “bubble.”
The Dow Jones Industrial Average plunged Friday while the tech-heavy Nasdaq reversed a weeks-long rout. AFP via Getty Images
Major tech stocks like Nvidia, AMD and Broadcom jumped 1.7%, 1.8% and 1.3%, respectively.
Some other “Magnificent Seven” stocks saw g

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