From The Indian Express
Center-Left Owned by Indian Express GroupWall Street slumps as AI stocks tumble, Nasdaq nears correction
What's behind this
Wall Street slumped as AI stocks tumbled, pushing the Nasdaq close to a correction, while US markets fell across the board with the Nasdaq, Dow and S&P 500 all dropping. Chipmakers, AI data‑centre companies and other major technology stocks led the losses, causing a sharp plunge in those sectors and contributing to the broader market decline.
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left · 1 outlet
Wall Street slumps as AI stocks tumble, Nasdaq nears correction
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right · 1 outlet
Dow Jones Industrial Average advanced 334 points or 0.5%, to 53,121 points, S&P 500 fell 104 points, or 1.4%, to 7,583.91, while the Nasdaq Composite slipped 317 points, or 1.23%, to 25,419.02.
— NDTV