Wall Street Sees Red as Tech Stocks Drag Down Major Indices

After the holiday break, Wall Street experienced a sharp downturn, with the tech sector leading the charge in losses. The Dow Jones Industrial Average took a significant hit, closing down by 0.77%, or 333 points. Similarly, the Nasdaq 100 and the S&P 500 weren't spared, with drops of 1.36% and 1.10% respectively.

Meanwhile, the euro remained stable against the dollar, trading at 1.04253. This market movement underscores the volatile nature of the tech sector and its impact on broader market indices.

Stay tuned for more updates as the situation develops.