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Wall Street Resumes Tech Selloff Before Paring Loses | Closing Bell
Posted
June 9, 2026
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10:11Now PlayingWatch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Emily Graffeo.
A rotation that has seen investors bail from richly priced technology names in favor of more economically sensitive industries resumed, with stocks trimming losses in the final stretch of trading.
While weakness in the S&P 500’s most-influential group squelched a market rebound, the benchmark almost erased a 2.3% slide as most of its shares rose. Chipmakers, which had powered the recovery from war-driven lows, swung violently. The Nasdaq 100 lost 1.1%. Oil pared its drop as President Donald Trump said the US must respond to Iran’s attack on an American helicopter, dimming hopes for a quick resolution to their conflict.
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