American stocks fell on Thursday due to a wave of selling in technology stocks following the latest financial report.
These indicators were the reason for the market decline that day. Many investors decided to get rid of their holdings in the technology sector due to uncertainty in the market.
"We are observing a significant decline in the shares of technology companies in connection with the disappointing reports," noted one of the analysts.
This event also affected other sectors, and the overall index declined by several percentage points.
"Currently, the market is in an unstable condition, and many companies are experiencing serious difficulties due to these collapses," added the expert.
Overall, the situation in the stock market remained tense throughout the entire trading day.
