AI investment doubts hit Wall Street: Meta plunges 7.0%
Wall Street closed lower on renewed doubts about the growing indebtedness of companies tied to artificial intelligence. The Nasdaq fell 2.60% and the S&P 500 dropped 1.21%, while the Dow Jones rose 0.02%. Meta was the hardest-hit big tech stock, plunging 7.0%, followed by Amazon (-4.47%), Nvidia (-4.40%), Alphabet (-3.15%) and Microsoft (-2.26%). Tesla fell 3.1%. The yield on the 10-year Treasury note fell to 4.96%.
In 35 seconds
- The Nasdaq fell 2.60% and the S&P 500 lost 1.21%; the Dow Jones was nearly flat with a 0.02% gain.
- Meta plunged 7.0%, the steepest drop among big tech, followed by Amazon (-4.47%) and Nvidia (-4.40%).
- The market reacted to reports on the indebtedness of AI companies and skepticism about the profitability of their investments.
IASummary generated by artificial intelligence from a story by El Espectador. It may contain errors: the original source prevails.




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