S&P 500 Dips as Tech Stocks Sell Off: Live Updates from CNBC

The S&P 500 opened lower today as September’s rocky start continues, with tech stocks leading the way down. The index fell by 0.5% in early trading, with the tech-heavy Nasdaq Composite dropping even further.

Investors are concerned about the ongoing sell-off in tech stocks, which have been under pressure in recent weeks due to fears of rising interest rates and regulatory scrutiny. Companies like Apple, Amazon, and Facebook have all seen their share prices decline, dragging down the broader market.

Analysts are warning that the tech sector’s weakness could weigh on the overall market, as it has been a key driver of the recent bull run. However, some experts believe that this could present buying opportunities for investors looking for bargains.

Despite the rough start to September, market watchers remain optimistic about the long-term outlook for stocks. The economy is still showing signs of strong growth, and corporate earnings have been robust.

Stay tuned for live updates on the market as the trading day continues. Investors will be closely watching how tech stocks perform and whether the broader market can bounce back from its early losses.