Wall Street Drops as AI Stocks Falter After Morning Rally

Reported 2 months ago

U.S. stock markets fell on Wednesday after an early rally was lost, primarily driven down by major technology stocks, especially Nvidia, which turned a 4.4% gain into a 5.1% loss. The S&P 500 slid 0.8%, while the Dow Jones and Nasdaq also saw declines. Investors showed less panic than in previous days, but concerns about high stock prices and disappointing earnings reports from companies like Super Micro Computer kept the market on edge. Meanwhile, international markets reacted positively to Japan's monetary policies, indicating potential stabilization.

Source: YAHOO

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