Nvidia and Tesla led declines among the Magnificent Seven stocks during Tuesday’s session.
The “Magnificent Seven” stocks entered correction territory by the close of trading on Tuesday, as mounting concerns over massive artificial intelligence spending and persistent inflationary pressures prompted investors to reduce their exposure to the largest US technology companies. 
Nvidia and Tesla led declines among the Magnificent Seven stocks during Tuesday’s session.
The “Magnificent Seven” stocks entered correction territory by the close of trading on Tuesday, as mounting concerns over massive artificial intelligence spending and persistent inflationary pressures prompted investors to reduce their exposure to the largest US technology companies.
