US stocks today: US stocks end lower as AI slowdown fears hit chipmakers
US stocks ended lower as Nvidia and other chipmakers fell after AI leaders raised safety concerns and called for slower development. Rising Treasury yields, with the 10-year briefly crossing 5%, and higher oil prices added to market pressure ahead of the Federal Reserve meeting, keeping investors cautious.
US stocks today: US stocks end lower as AI slowdown fears hit chipmakers
What Happened
US stocks ended lower as Nvidia and other chipmakers fell after AI leaders raised safety concerns and called for slower development. Rising Treasury yields, with the 10-year briefly crossing 5%, and higher oil prices added to market pressure ahead of the Federal Reserve meeting, keeping investors cautious.
Key Details
Original reporting provided by Economic Times Markets.
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