Shares of Micron Technology fell sharply before the opening bell on March 9, drawing attention from investors who are closely watching the company during an important period for the semiconductor industry. Micron’s stock declined by about 6.7 percent in premarket trading, falling to roughly $370.30. The drop came as broader market sentiment weakened, with U.S….
technology stocks
S&P 500 slides 1% as Microsoft plunge derails tech rally
Courtesy: adam smigielski from unsplash U.S. stocks retreated Thursday as a sharp decline in Microsoft weighed heavily on the broader market, undercutting optimism around recent earnings from the technology sector and reviving concerns about valuations and growth expectations. The pullback came as investors also assessed the Federal Reserve’s latest interest rate decision and guidance on…