Wall Street cools after tech rally as 2025 comes to an end

Wall Street’s main indexes kicked off the final week of the year on a softer note on Monday, as heavyweight technology stocks retreated from last week’s gains that had pushed the S&P 500 to record highs.

The information technology sector weighed on the S&P 500, as most tech and AI-linked stocks declined, with Nvidia down 1.8%, Broadcom off 1%, and Palantir Technologies shedding 1.4%.

“This is (not) the beginning of the end of the tech dominance, it’ll turn out to be a buying opportunity,” said Hank Smith...