Wall Street jolted by Trump buyback, home-buying moves; S&P 500 slips, Nasdaq steadied by AI
S&P 500 fell 0.34% and Dow dropped 0.94% after hitting intraday records, while Nasdaq rose 0.16%. Trump’s proposal to curb corporate home buying sent Blackstone down 5.6% and American Homes 4 Rent down 4%. Job openings hit a 14-month low. Defense shares fell after a payout warning.