Stock Market Today: S&P 500 and Nasdaq Fall as AI Worries Hit Tech Stocks

TLDR The S&P 500 fell 1.2% and the Nasdaq Composite slid 2.6% on Thursday as AI trade worries hit tech shares. Nvidia fell 4.4%, Alphabet dropped 3.2% and Advanced Micro Devices declined 8.1%. Meta fell nearly 7% and CoreWeave sank 10%, while Blackstone rose 8%. Brent crude jumped 4% to $113.17 and the 10-year Treasury yield fell to 4.961%. Futures were mixed early Friday, with Dow futures down 0.23% and Nasdaq-100 futures up 0.25%. US stocks fell on Thursday as worries about the artificial intelligence trade hit tech shares. The S&P 500 dropped 1.2% and the Nasdaq Composite slid 2.6%. The S&P 500 had its worst session since July. The Nasdaq had its worst day since June. The Dow Jones Industrial Average closed marginally higher.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinCentral.