Sinking AI Stocks Pull Wall Street Further From Its Record
The S&P 500 fell 0.5% as investors sold high-flying chipmakers and stayed wary of elevated borrowing costs, with the Nasdaq down 1.1%.
- Wall Street pulled further from its all-time high on Tuesday as AI stocks sank, dragging major indexes lower; the Nasdaq composite fell 1.1% and the S&P 500 dropped 0.5%.
- Leading the decline were big tech winners like Micron Technology, which dropped 3.5%, Nvidia, which fell 1.6%, and Broadcom, which sank 2.2%, as investors fear AI demand may fizzle.
- Rising Treasury yields are pressuring expensive stocks; the 10-year Treasury yield held at 4.72% on Monday, while the 30-year yield remains near its highest level since 2007.
- High oil prices, driven by uncertainty over the war with Iran, are fueling inflation and pressuring central banks; the price for a barrel of Brent crude rose 0.6% to $91.45.
- South Korea's Kospi index fell 1.5% as tech giants Samsung Electronics and SK Hynix struggled, reflecting how bond market influence continues to sway leaders worldwide, including President Donald Trump.
54 Articles
54 Articles
Leader-Telegram
How major US stock indexes fared Tuesday 8/18/2026
Wall Street pulled further from its all-time high as AI stocks got back to sinking. The S&P 500 fell 0.7% Tuesday for a third straight modest loss since setting its all-time high on Thursday. The Dow Jones Industrial Average dipped…
Sydney Morning Herald
ASX slumps for sixth day as bond market worries weigh on confidence
The Australian sharemarket closed in the red after a flurry of corporate results, as a sell-off in chipmakers and growing anxiety about the stalemate in the Iran war sent stocks lower on Wall Street overnight.
The Korea Times
Sinking AI stocks pull Wall Street further from its record
NEW YORK — Wall Street is pulling further from its all-time high on Tuesday as AI stocks get back to sinking. The S&P 500 fell 0.5 percent and is o...
US stock market today: Wall Street pulls back from record highs as AI-related stocks drop
US stock market today: The decline was led by several of the market's biggest recent winners, particularly companies that have benefited from the surge in artificial-intelligence spending.
The Grand Junction Daily Sentinel
AI stocks pull Wall Street further from its record as bond yields keep rising
Wall Street is pulling further from its all-time high as AI stocks get back to sinking. The S&P 500 fell 0.6% Tuesday and is on track for a third straight modest loss since setting its all-time high on Thursday. The…
THE CLOSING BELL: Sinking AI stocks pull Wall Street further from its record
By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street pulled further from its all-time high on Tuesday as AI stocks got back to sinking. The S&P 500 fell 0.7% for a third straight modest loss since setting its all-time high on Thursday. The Dow Jones Industrial Average dipped 116 points, or 0.2%, and the Nasdaq composite sank 1.3%. Leading the way lower were stocks that have been big winners in the boom around artificial-intelligence techn…
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