Today: 2 July 2026

Wall Street selloff accelerates: Nasdaq sinks, Bitcoin breaks $63,000 as AI fears grip markets

Wall Street selloff accelerates: Nasdaq sinks, Bitcoin breaks $63,000 as AI fears grip markets

Wall Street’s selloff intensified Thursday, pulling the Nasdaq down to its lowest finish since November. Investors unloaded major tech and software stocks, while bitcoin fell below $63,000. The decline is significant now as the market’s biggest wager—rapid AI adoption driving profit growth—is running up against valuation limits. Alphabet outlined yet another boost in spending, and investors are growing impatient with bets that pay off only in the distant future.
6 February 2026
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Caterpillar stock price drops for a second day after a record high — what to watch next for CAT shares

Caterpillar stock price drops for a second day after a record high — what to watch next for CAT shares

NEW YORK, Feb 5, 2026, 21:11 EST — The market has closed for the day. Caterpillar Inc. shares dropped 1.95%, closing at $678.31 on Thursday. This marked their second straight day of losses, pushing the stock roughly 6% below Wednesday’s 52-week peak of $723.16, according to market data. The construction-equipment giant underperformed some of its rivals, with Deere & Co slipping slightly while Toro Co ended the day higher.
6 February 2026
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Verizon stock price: VZ holds near $47 after consumer chief exits — what investors watch next

Verizon stock price: VZ holds near $47 after consumer chief exits — what investors watch next

New York, Feb 5, 2026, 20:57 — Market closed Verizon Communications Inc shares stayed near $47 on Thursday, barely budging after the company revealed that consumer chief Sowmyanarayan Sampath has stepped down. The stock last changed hands up just 0.1% at $47.10, with an intraday range of $46.46 to $47.56. An 8-K filing — which reports major developments to U.S. regulators — showed Sampath left his post on Feb. 4 but will remain an advisor to Verizon through March 27.
6 February 2026
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Stock Market Today

  • AI and Chip Stocks Fall as Market Takes a Hit
    July 2, 2026, 7:27 AM EDT. AI and semiconductor shares dropped, putting pressure on the wider market. Chip names, key plays in tech and AI, are usually seen as a market sentiment gauge. If losses keep up in these sectors, it could point to deeper worries for investors and shake confidence more broadly.
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