Wall Street Falls as Nasdaq Drops More Than 2% on AI Cost Worries
U.S. stocks fell Thursday, with the Nasdaq recording its steepest daily decline since early June. High-profile earnings reports renewed concerns about AI spending.
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GLOBAL MARKETS — Global stocks edge lower as AI and rate fears hit tech
(New throughout, updates with US markets, adds analyst comment) Nasdaq falls, S&P 500 and Dow gain FedWatch shows implied October 28 hike odds at 27%, hold at 73% Dollar retreats from 18-month peak Shares in Korea and Japan hammered by AI nerves By Chibuike Oguh NEW YORK, Oct 15 (Reuters) — Global equity markets edged