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S&P 500, Nasdaq End Sharply Lower as Tech Selloff Deepens

U.S. stocks fell Thursday, with the Nasdaq posting its steepest daily drop since June. The report linked fresh AI-spending concerns to high-profile earnings reports.

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By Stephen Culp and Tharuniyaa LakshmiUS stocks tumbled on Thursday and the Nasdaq posted its steepest daily drop since June as a batch of high-profile earnings reports ignited fresh fears about the AI spending race.The S&P 500 ended deep in negative territory. The tech-laden Nasdaq, dragged down b…