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48 US AI Stock Sell-Off Shakes Markets From Wall Street To Asia

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BeauHD @ Slashdot 1 place · today 02:00 EDT

US AI Stock Sell-Off Shakes Markets From Wall Street To Asia

An anonymous reader quotes a report from The Guardian: A tech sell-off shook global markets on Tuesday as attention turned away from developments in the US war with Iran and toward the future of AI companies and chipmakers that have driven stock markets to record highs. The tech-heavy Nasdaq index closed 2.2% lower on Tuesday. The S&P 500 was also down by Tuesday afternoon, dropping 1.43% while the Dow remained steady. All three major US indices have hit record highs this year, riding off a rush of funding.

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