Wall Street suffers worst day since June as tech stocks slump

US stocks fell sharply on Friday as a technology sell-off gave major indexes their biggest losses since June. The Nasdaq dropped 2.86% to 25,437, the S&P 500 lost 1.84% and the Dow fell 1.10%. Intel plunged nearly 30% after a weak fourth-quarter revenue forecast, while Amazon slipped about 2% on worries over its AI spending.