Wall Street Tumbles as AI Concerns and High Oil Prices Weigh
U.S. stocks fell, with AI-related technology shares under pressure as oil prices jumped. The Nasdaq was on track for a weekly loss of more than 4%.
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US STOCKS — Wall Street tumbles as worries about AI trade and high oil prices weigh
(Updates with afternoon trading) Chips, AI infrastructure companies fall as debt concerns linger S&P 500 and Nasdaq head for steep weekly losses S&P 500 -1.22%, Nasdaq -2.19%, Dow -0.55% By Noel Randewich and Purvi Agarwal Oct 16 (Reuters) — Wall Street tumbled on Friday, with CoreWeave, Broadcom and other AI-related t