The Nasdaq Composite took a plunge on Wednesday amid a flurry of selling among artificial intelligence and Big Tech stocks.
The tech-heavy index dropped 1.2%. The S&P 500 fell 0.7%, even though a majority of stocks in the index were actually trading higher on the day. The Dow fell 110 points, or 0.2%, dragged down by Caterpillar and Nvidia.
The iShares Semiconductor ETF was down 2.9%, while the Roundhill Magnificent Seven ETF was down 1.5%.
