$1 trillion wiped out from US stock market in worst day since 2022

A slump in major technology stocks like Google, Apple, Microsoft, Meta, Nvidia, Broadcom and Arm Holdings saw $1 trillion wiped out from the US stock market on Wednesday. Nasdaq dropped more than 3% to post its worst day since October 2022. The US stock market fell as Google and Tesla earnings undermined investor confidence in megacap names.