Stock market news: Why Nasdaq, S&P 500, Dow Jones are down today. Expert gives ‘reality’ check

Stock market news: Why Nasdaq, S&P 500, Dow Jones are down today. Expert gives ‘reality’ check

Wall Street tumbled Friday as rising oil prices, surging bond yields and renewed inflation fears triggered a broad selloff across global markets

Dow slides 537 points as rising oil prices rattle AI-fueled rally

US stocks fell sharply on Friday as rising Treasury yields, surging oil prices, and fading enthusiasm surrounding artificial intelligence stocks pressured markets following weeks of record-setting gains.The Dow Jones Industrial Average dropped roughly 537 points, or about 1.1%, while the S&P 500 lost approximately 1.2%. The Nasdaq Composite declined about 1.5% as technology and semiconductor stocks led the broader market lower.The selloff follow…

Dow Jones Live: Dow Slides as Yield Shock Hits Wall Street’s AI Rally

The Dow Jones Industrial Average fell below 50,000 on Friday, dropping 0.87% to 49,626.62 as Treasury yields climbed and oil prices neared $109 a barrel. Nvidia, AMD, and Intel shares dropped sharply, pulling the Nasdaq down 1.63%. Markets increased bets on a Fed rate hike in December after inflation data showed energy-driven price gains. The post Dow Jones Live: Dow Slides as Yield Shock Hits Wall Street’s AI Rally appeared first on TechStock².