Wall Street heads to another day of losses, led by tech sell-off

Wall Street experienced another day of substantial losses, primarily driven by a sharp decline in tech stocks. Investor anxiety is mounting due to expectations of impending interest rate hikes, which could impact borrowing costs and spending. This downturn in the tech sector underscores broader market concerns about economic growth and inflation, suggesting that Wall Street's woes may not be confined to a single sector but could have ripple effects across the broader economy.