Tech Selloff Hits Markets
Big Tech and AI stocks slid, dragging markets lower and stoking bubble worries.
June 23, 2026 · Updated Jun 23, 6:20pm ET
HuffPostSharp Drops In Big Tech Companies Pull Stocks Lower On Wall Street
CBS NewsTech stocks tumble for a second day. Here's what's behind the selloff.
New York PostAI bubble worries mount as tech and chip stocks dip
Los Angeles TimesWhy tech stocks are getting hammered
ABC NewsSharp drops in Big Tech companies pull the Nasdaq down 2.2% in early trading
Washington TimesSharp drops in Big Tech companies pull stocks lower on Wall Street
The GuardianUS AI stock sell-off shakes markets from Wall Street to Asia
Associated PressAI stock slump raises the question if investors are just taking profits or getting very nervous
Epoch TimesHow Major US Stock Indexes Fared June 23
BBC NewsTech stocks tumble on concerns over AI spending
NPRIs AI 'one big bubble'? Behind the tech sell-off
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Pano rates the coverage Balanced.
What happened
A sell-off in major technology shares spread from Asia to Wall Street, dragging the Nasdaq down 2.2% Tuesday and pulling the S&P 500 lower by about 1.4% while the Dow held up better because it is less exposed to tech. The declines hit AI-linked companies and chipmakers that had powered repeated market records, with investors reassessing rich valuations after a long rally. Worries about potentially higher interest rates later in the year added pressure, while geopolitical and economic risks compounded the retreat. The drop marked a second straight day of losses for the tech-heavy market and revived concerns that enthusiasm around artificial intelligence may have run ahead of profits.