Stock Market Research: Magnificent Seven Selloff Pulls Down U.S. Stocks as Year Ends
A sharp selloff in the largest technology companies, dubbed the “Magnificent Seven,” weighed on U.S. stock indices, marking a volatile end to a strong year for equities. The S&P 500 (SPY) dropped about 1%, trimming its weekly gains, while the Nasdaq 100 (QQQ) slid 1.8%. Market le