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October 30's Sell-Off Hid a Rotation: Tech Crashed 2.86% While Biotech Rose 4.3% for the Week
### A brutal Friday, an uneven week Friday, October 30, 2026 was the worst day for American tech stocks since June. The Nasdaq Composite fell 2.86% to 25,437, the S&P 500 lost 1.82% to 7,580, and the Dow Jones Industrial Average dropped 572 points, or 1.09%, to 51,770. The trigger was earnings: Intel plunged 28.6% after a weak outlook overshadowed better-than-expected third-quarter results,...
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