Tech Stocks Tumble Amid Inflation Data and Rate Cut Expectations
Published on: Aug. 30, 2025, 1:16 a.m. | Source: Devdiscourse
Major stock indexes declined, driven by falling technology shares. Dell Technologies dropped over 9% due to high manufacturing costs for AI-optimized servers. Inflation data fueled speculation of an interest rate cut in September. The Nasdaq and major financial markets recorded losses ahead of the Labor Day holiday.
