- AI stocks fell sharply worldwide on worries about how long the AI frenzy will last.
- The S&P 500 initially fell to a loss after its worst day since July, then erased the loss and added 0.1%, edging closer to its all-time high set last week.
- The Nasdaq composite fell 0.4% as AI weakness dragged on the index.
- The Dow Jones Industrial Average rose 482 points, or 0.9%, as of 11:45 a.m. Eastern time as most U.S. stocks climbed.
Quotes
“worries about how much longer the AI frenzy will last”