S&P 500, Nasdaq fall as tech shares give up gains

The S&P 500 and Nasdaq fell after reversing gains as technology stocks plummeted, with more than half of sub-sectors recording a decline. Inflation data in the US, due to be released shortly, is expected to show consumer prices marginally cooled in May, while core prices remained elevated

S&P 500, Nasdaq fall as tech shares give up gains
The S&P 500 and Nasdaq fell after reversing gains as technology stocks plummeted, with more than half of sub-sectors recording a decline. Inflation data in the US, due to be released shortly, is expected to show consumer prices marginally cooled in May, while core prices remained elevated