finance
The stock market drops with tech giants stumbling
July 2, 2026
Wall Street woke up to a rough day as tech stocks led the market down. The S&P 500 lost 0. 6%, adding to a streak of eight losses in the past eleven days. The Dow Jones dropped 0. 5%, while the Nasdaq dropped nearly 1%. The biggest drops came from companies that had seen huge gains from the AI hype,
