Nasdaq, S&P 500, Dow come off lows as rough week for tech nears end
Big Tech “Magnificent Seven” stocks were headed for steep weekly losses on Friday morning as investors grew increasingly skeptical of whether the sky-high valuations and spending levels that have defined the AI buildout so far are sustainable. Chipmaking leader Nvidia (NVDA) lost around 3% in the first hour of trading Friday morning, after a Trump…