Nasdaq drops 2% as tech selloff hits Dow; Palo Alto Networks plunges

investors.com —

The Nasdaq composite fell 2% on Friday, while the Dow Jones Industrial Average also declined, as technology stocks led a broad market selloff. The Dow forfeited earlier gains during the session, with the tech-heavy Nasdaq struggling most significantly. The declines were driven by weakness across the technology sector. Palo Alto Networks was among the notable losers, with its stock price "smashed" during Friday's trading. The market downturn reflects ongoing volatility in tech shares.


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