Woofun AI reports that US stocks declined sharply during Wednesday's session, with the Nasdaq Composite falling more than 2% intraday. The S&P 500 dropped 1.12% and the Dow Jones Industrial Average fell 1.05%, indicating widespread selling across major sectors. Technology and growth equities were particularly impacted, driving the Nasdaq's underperformance. Market participants cited interest rate policy concerns, mixed economic data, profit-taking, and geopolitical uncertainty as contributing factors to the downturn.