Tech Shares Tumble as Investors Turn to Defense Amid Financial Uncertainty
Published on: Jan. 15, 2026, 2:34 a.m. | Source: Devdiscourse
U.S. stocks experienced a downturn, led by a major decline in technology shares, while investors shifted to more defensive sectors. Financial stocks were particularly hit, with banks like Wells Fargo missing profit expectations. Concerns grew over credit-card interest rate caps proposed by President Trump. Meanwhile, oil prices fluctuated amid geopolitical tensions.
