"Dow Jones Plunges as Rating Cut Sends Index into Dive"

The Dow Jones Industrial Average dropped nearly 1% or about 350 points as Fitch Ratings downgraded the U.S. credit rating, causing stocks to fall across indexes. The tech sector lost 2.5%, with Intel, Microsoft, Salesforce, and Apple all experiencing declines. Walgreens saw a 3.3% increase in its stock price after rival CVS reported positive results. The 10-year Treasury yield reached its highest level since November, impacting tech stocks.