AI Stocks Decline, Weighing on Global Markets
Global stock markets were dragged down by declines in AI-related stocks such as Nvidia and Micron Technology. The S&P 500 fell 0.5%, the Dow Jones dropped 0.2%, and the Nasdaq composite declined 1.5%. Despite strong earnings from some companies like Abbott and J.B. Hunt, concerns over unsustainable demand for AI hardware are weighing on investor sentiment.
Tickers: $ABT $JBHT $MU $NVDA $SNDK $WDC
Topics: AI stocks Dow Jones global markets NASDAQ Nvidia S&P 500