new York Disappointing numbers and forecasts from Microsoft have dampened US investor sentiment. A record slump in PC sales in 2022 caused the US software giant to experience the lowest growth in years. Microsoft shares lost up to 4.6 percent to $230.90. Other growth stocks like Apple, Tesla and Google parent Alphabet lost between 1.4 and 3.3 percent.
The index of the Nasdaq technology exchange fell by around one percent to 11,204 places on Wednesday. The Dow Jones index of standard values was around half a percent lower at 33,555 points. The broader S&P 500 lost 0.8 percent to 3986 points.
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