ReferIndia News Wall Street Wavers: Tech Stocks Tumble Amid Economic Data and Oil Price Rally

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Wall Street Wavers: Tech Stocks Tumble Amid Economic Data and Oil Price Rally

Published on: Feb. 5, 2026, 2:21 a.m. | Source: Devdiscourse

Global equities take a hit as technology stocks plunge on Wall Street. Oil prices rally amid U.S.-Iran tensions, while U.S. economic data influences dollar and treasury yields. ADP employment growth underwhelms, and traders anticipate Federal Reserve's next rate cut. AI-related disruptions worry investors.

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