NASDAQ:CPB News 9 December 2025

February 6, 2026, 5:07 AM EST. US stocks fell sharply on Thursday amid concerns over artificial intelligence and weakening labor market data. The Dow dropped 593 points (1.2%), the S&P 500 fell 1.23%, and the Nasdaq Composite declined 1.59%, marking its worst three-day run since April. Investors remain uneasy about AI's impact on software jobs and revenues, with a software-focused ETF sliding nearly 5%. Private credit firm Blue Owl shares fell 3.57% amid sector exposure worries. Big tech stocks also declined; Microsoft slid 4.95% and Alphabet lost 0.6% after earnings reports. Bitcoin plunged about 14% to a 15-month low below $63,000. Gold and silver also fell amid market uncertainty, reflecting risk aversion. Experts attribute sharp declines to unwinding of aggressive speculative trades.