Tech tumbles: Consumer defensive stocks offer safe haven amidst market volatility
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Sector OverviewThe US stock market paints a troubling picture today, with red dominating the heatmap. The technology sector is notably weak, marked by significant losses. Leading the decline is Microsoft (MSFT) at -1.32%, and Oracle (ORCL) sliding by -2.34%. The semiconductor industry is bleeding as well, with Nvidia (NVDA) experiencing a drop of 2.77%, which underscores a bearish mood for chipmakers today.
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