Shares of technology companies fell amid fears about Federal Reserve policy and conflict in the Middle East.

Hopes that the globe was in for a "soft landing" and a steady down-trend in interest rates were dashed this week by escalating tensions between Iran and Israel and a surprisingly heated tally of consumer inflation.

Shares of Nvidia fell, breaking a long winning streak for the maker of artificial-intelligence supporting semiconductors.

Write to Rob Curran at

(END) Dow Jones Newswires

04-12-24 1731ET