Nasdaq, S&P 500 sink
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Stock market today: Dow slips as Nasdaq struggles; Oracle hit, Salesforce up (live coverage)
The Dow rose 0.2% in premarket trading, as S&P 500 futures climbed 0.4%. Futures on the tech-heavy Nasdaq 100 moved up 0.5%. The 10-year Treasury yield ticked higher to 4.18%. Oil prices rose to around $56.25 a barrel. Bitcoin edged down just below $87,000.
The Nasdaq Composite rallied late on Tuesday to snap its losing streak at three days. The tech-heavy index rose 0.2% after falling nearly 0.6% at its low earlier in the day. The S&P 500 dipped 0.2%. The Dow Jones Industrial Average fell 302 points, or 0.6%.
US stocks experienced a downturn as investors shifted away from AI giants. Concerns over Oracle's data center financing, coupled with broader questions about AI profitability, triggered a sell-off. Major tech stocks like Nvidia and AMD also saw significant declines,
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Major stock indexes fell Wednesday, with the S&P 500 and Dow Jones Industrial Average on pace for a fourth consecutive decline, as AI bubble concerns resumed and investors digested tepid labor data.
Stocks could see wild swings in the last trading push of the year. Where to put your money. Investors are dumping stock-market winners and buying almost everything else. Why that’s a good sign.
U.S. stocks ended sharply lower for the second straight session, with the S&P 500 recording its fourth straight day of losses, as investors continued to offload tech stocks on growing concerns over the valuation of artificial intelligence (AI) stocks.
Nvidia has been one of the best-performing Nasdaq stocks for multiple years in a row, thanks to the AI boom. The company provides leading graphics processing units (GPUs) and a technology stack to support them. Nvidia's revenue growth has been nothing short of huge, and 2026 looks to bring more of the same.
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