[BRIEFING.COM] The S&P 500 (-0.7%), Nasdaq Composite (-1.5%), and DJIA (-0.2%) trade at session lows.
Today's session has been mired by widening losses in the communication services (-1.2%) and information technology (-1.9%) sectors, with the tech sector now holding a slim 0.1% month-to-date gain.
The PHLX Semiconductor Index is down 1.7%.
Elsewhere in the technology world, The New York Times reports that OpenAI is in discussions to sell shares of the company, which would value it at $500 billion.