Stocks Drop as Meta Report Damps AI Optimism; Treasury Yields Fall
Major stock indexes fell Thursday, with the Nasdaq down more than 2%, as a report from Meta Platforms fanned worries about the AI trade. U.S. Treasury yields fell sharply and oil prices jumped.
By Caroline Valetkevitch and Amanda CooperMajor stock indexes dropped on Thursday as a report from Meta Platforms fanned worries about the AI trade, while US Treasury yields fell sharply and oil prices jumped.The Nasdaq was down more than 2% and led declines on Wall Street. MSCI's All-World index E…