ReferIndia News Market Shakeup: Tech Drags Down U.S. Stocks as Investors Shift Gears

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Market Shakeup: Tech Drags Down U.S. Stocks as Investors Shift Gears

Published on: Jan. 15, 2026, 3:08 a.m. | Source: Devdiscourse

U.S. stocks, led by Nasdaq, fell on Wednesday as investors shifted from technology to more defensive sectors, amid concerns over Trump's proposed credit-card interest rate cap affecting the financial sector. Despite mixed bank earnings, financial shares declined. Meanwhile, oil prices rose, boosting energy stocks.

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