NASDAQ 100 drops below 30,250

Reports confirmed that the Nasdaq 100 index declined by 1%, trading below the 30,250-point level. Technology and artificial intelligence stocks such as "Applied Materials" lost more than 7%, while "Micron" dropped by 4.6%. The market also experienced volatility amid warnings of a spending bubble, amid anticipation of inflation data and a decline in US Treasury bond yields. Meanwhile, European stocks rose, supported by increased demand for semiconductors and industrial activities.

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