US stock market crash: Why is stock market falling sharply today — Dow, S&P 500, and Nasdaq sink as AI overhype shows its true colors
MSNPiyush Shukla
US stock market crash: Why is stock market falling sharply today — Dow, S&P 500, and Nasdaq sink as AI overhype shows its true colors
US stock market crash deepened Thursday as AI overhype fears collided with bleak jobs data. Dow Jones fell 0.8%, S&P 500 dropped 0.9%, and Nasdaq tumbled 1.6%. Challenger data showed 153,074 layoffs in October — the worst since 2003. Qualcomm sank 4%, AMD lost 6%, and Nvidia dropped 2%. Tesla’s trillion-dollar pay vote loomed large. The ...
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