New Delhi, March 26 -- Wall Street's 'Magnificent Seven': The US stock market was dragged by a major selloff in tech mega caps on Wednesday, March 26, which snapped a three-day rebound due to concerns about the economic impact of tariff hikes. Following their biggest winning run since November, the group of big techs known as 'Magnificent Seven' got hit, with Nvidia and Tesla sinking over 3.5 per cent.

The tech-heavy Nasdaq 100 index slipped 1.5 per cent dragged by tech giants Nvidia and Tesla. However, a measure of big banks rose for a ninth straight day - the longest rally since 2006. The S&P 500 fell 0.3 per cent. Trading volume was 20 per cent below the average of the past month. The Dow Jones Industrial Average rose 0.3 per cent. Th...