Nasdaq falls as AI stocks extend losses on rate concerns
By Market Pulse ·
- The market declined amid persistent worries over rising interest rates and AI sector debt.
- Indices: S&P 500 and Nasdaq fall, Dow holds steady MarketWatch - AI stocks: Sell-off deepens on fears higher rates will impact AI investments Kitco - CoreWeave: Shares drop 8.5% following 15% plunge yesterday amid debt concerns Kitco - Semiconductors: Sector continues to slide, with tech-heavy Nasdaq under pressure Yahoo Finance - Inflation data: Hot PPI readings fuel rate-hike expectations, weighing on tech MarketWatch