Nasdaq Drops 2% as AI Stocks Feel Pressure
Nasdaq drops 2% as tech, AI names drag stocks lower The Nasdaq Composite slid 2% on Wednesday, sinking as tech and AI shares sold off. The S&P 500 finished down 1.6% at 7,266.99. The Dow Jones Industrial Average dropped 953.33 points to 49,918.78. The Nasdaq closed down 509.32 points at 25,169.50.