Nasdaq slumps 2.2% as AI trade sell-off deepens

Price Action Impact 4
โดย Yahoo Finance·Read original
Summary · why it matters

Wall Street ended sharply lower on Tuesday as investors pulled back from the artificial intelligence trade, sending technology and semiconductor stocks tumbling. The Nasdaq led the declines, falling 580 points, or 2.2%, to 25,587, while the S&P 500 dropped 107 points, or 1.4%, to 7,365, and the Dow Jones slipped just 46 points, or 0.1%, to 51,667. Chip stocks were among the hardest hit, with Nvidia falling more than 4% and Micron Technology plunging more than 13% ahead of its quarterly results due Wednesday. The retreat marked a notable cooling of the AI-driven rally that has powered markets higher for much of the year, as traders took profits and sought fresh evidence that massive investments in artificial intelligence will continue to translate into strong earnings growth.

Impact on stocks 10

Artificial Intelligence▲ · 2 stocks
Semiconductors▲ · 2 stocks
Consumer Discretionary▲ · 1 stocks
Quantum Computing▲ · 1 stocks
Financials▲ · 1 stocks
Cloud & Digital Infrastructure▲ · 1 stocks
Space Economy▲ · 1 stocks
Spatial Computing / AR/VR▲ · 1 stocks
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