AP
Financial Markets Wall Street
FILE - Options trader Anthony Spina works on the floor of the New York Stock Exchange, Wednesday, Jan. 7, 2026.
As featured on
AI stocks are dragging markets down around the world. The S&P 500 sank 1.4% Thursday following even sharper losses in Asia, whose markets are full of AI and other technology stocks. The Nasdaq composite tumbled 2.2%, but stocks outside of tech held up better, and the Dow Jones Industrial Average fell a more modest 0.6%, or 295 points. AI stocks have been shaky on worries that their boom may be under threat because of high interest rates. Also weighing on markets was a jump in oil prices. Brent crude oil touched its highest price since May because of worries about the war with Iran.
