Woofun AI reports that major U.S. stock indices closed in negative territory, driven by a broad-based sell-off in technology shares. The Nasdaq Composite declined 1.55%, underperforming the S&P 500, which dropped 0.79%, and the Dow Jones Industrial Average, which fell 0.26%. Weakness in Apple, Microsoft, and Nvidia weighed heavily on the tech-heavy index, while rising bond yields reduced the appeal of growth stocks. Comments from Federal Reserve officials reiterating a cautious stance on rate cuts further dampened investor enthusiasm, signaling continued sensitivity to macroeconomic signals.