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preCharge News BUSINESS —  Stocks retreated on Wednesday as investors once again moved away from key technology names.

The S&P 500 traded 0.7% lower, while the Nasdaq Composite fell 1%. The Dow Jones Industrial Average slipped 83 points, or 0.2%.

Leading AI player Oracle and chipmaker Broadcom — two stocks that have led the recent rotation out of tech — were down more than 4% and more than 5%, respectively. Fellow leading AI player Nvidia was also down around 3%.

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Associated Press, CNBC News, Fox News, and preCharge News contributed to this report.