The U.S. stock market faced sharp losses today, with the Dow Jones Industrial Average dropping 500 points, extending recent volatility amid renewed investor caution over technology valuations and AI sector hype.
The S&P 500 also slipped for the fourth consecutive day, reflecting broad-based selling across tech and growth stocks.
Shares of major tech companies led the decline, dragging down indexes as investors assessed the sustainability of lofty AI-driven growth projections.
Home Depot and other cyclical stocks also saw declines, adding to the market’s pressure.
Cryptocurrency markets mirrored the mood, with Bitcoin briefly falling below the $90,000 mark before modest recovery.
Analysts say market jitters over interest rates, AI stock valuations, and geopolitical uncertainty continue to influence investor sentiment.
Experts caution that while short-term swings are sharp, longer-term market fundamentals remain resilient, though volatility is likely to persist in sectors tied to emerging technologies.
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