Wall Street wobbled on Friday, with stocks sinking for a second straight day as investors fret over the health of the technology sector and the prospects of a December interest rate cut by the Federal Reserve.

The S&P 500 fell 32 points, or 0.5%, in early trading, while the Dow Jones Industrial Average dropped 467 points, or 1%. The tech-heavy Nasdaq Composite slid 0.%. The weak start comes after the stock market on Thursday had one of its worst days since April.

Global financial markets also skidded. In European trading, Britain's FTSE 100 fell more than 1.1%, Germany's DAX shed 0.7% and France's CAC 40 slipped 0.4%.

In a note to investors, analyst Adam Crisafulli of Vital Knowledge said on Friday that investor concerns about the strength of AI company stocks have flared this week, whi

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