NEW YORK (AP) — Technology stocks are continuing to fall, putting the S&P 500 on track for its first back-to-back drop in three weeks. The main measure of Wall Street's health fell 0.6% early Wednesday. The Dow Jones Industrial Average lost 321 points, and the Nasdaq composite was down 0.8%. More drops for stocks swept up in the artificial-intelligence boom weighed on indexes. Super Micro Computer, which sells AI servers, sank 13.2% after saying it plans to raise $7 billion through stock sales. Treasury yields held relatively steady in the bond market after a report showed U.S. inflation in May was roughly what economists expected.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.
The technology sell-off has carried over into Wednesday and oil prices rose 2% after the U.S. military launched attacks against Iran.
