Sharp drops in Big Tech companies pull stocks lower on Wall Street (opens original article in a new tab)

Global stocks fell as concerns over higher interest rates led to a sell-off in Big Tech and AI-related stocks, with Asia and Europe also experiencing declines.

• Big Tech stocks fell on Wall Street due to concerns over higher interest rates
• Asia and Europe also saw stock market declines, with South Korea's Kospi dropping 10%
• The Federal Reserve may raise interest rates before year-end, affecting AI and tech investments