Stock Market Dips Amid AI Concerns

Stock market experiences significant dip, S&P five hundred falls 1.2%, Dow and Nasdaq also decline. Despite recent losses, major indices remain up significantly for the year. Nvidias stock drop impacts market, putting it in correction territory. Investors reduce exposure to tech stocks, concerned about potential AI bubble. Recent downturn contrasts with strong rally, some critics warned of rapid market rise, especially in AI-driven sectors. Bitcoin price briefly falls below $90,000.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.