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Wall Street ends lower as tech struggles resume

Reuters
Reuters  • 3 min read
Wall Street ends lower as tech struggles resume
US stocks closed lower after a choppy trading session on Thursday as heavyweight tech-related stocks resumed their decline.
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US stocks closed lower after a choppy trading session on Thursday as heavyweight tech-related stocks resumed their decline following a sharp rebound the previous session, while elevated jobless claims reminded investors of a still-difficult recovery ahead.

Names that have rallied since March lows, such as Apple Inc, Microsoft Corp and Amazon.com, all fell at least 2.8%.

Tesla Inc rose 1.4%, initially helping to limit the Nasdaq’s losses before the tech-heavy index’s slide widened.

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