US Stocks Decline Sharply Due to Profit-Taking

The US market experienced a sharp decline at the close of trading on Thursday.

US stocks suffered heavy losses across several sectors.

The technology and industrial sectors were among the hardest hit.

The leading blue-chip stocks that saw the biggest losses were..

Walt Disney shares down 7.7%

Corning Inc. shares down 7.4%

Microcombo shares down 7.3%

Goldman Sachs shares down 4%

Nvidia shares down 3.5%

The major US indices on Wall Street also declined.

The Dow Jones Industrial Average closed down 1.6%.

The Nasdaq Composite closed down 2.2%.

The S&P 500 closed down 1.7%.

The number of stocks that declined by the end of trading 

on the New York Stock Exchange was 2,148.

Meanwhile, only 614 stocks rose.