Tech Leaders Drag Down Dow Amid Industry Challenges
NVIDIA Corp.'s shares led the way in losses among tech giants on Tuesday, contributing to a nearly 150-point drop in the Dow Jones Industrial Average. The decline was also influenced by Caterpillar Inc., another prominent company in the market.
The news comes as the featured tech stocks are facing challenges in their respective industries. These companies have historically been strong performers due to their innovative products and services, but lately, they've been struggling with various issues affecting profitability.