Another Sell-Off for AI Stocks Drags Wall Street Toward Its First Back-to-Back Drop in Weeks
Nvidia fell 3.4% and Super Micro slid 23.1% after announcing a $7 billion share sale, as investors rotated out of AI stocks.
- The Dow Jones Industrial Average fell 1.87% to $49,918.78 on Thursday, while the Nasdaq Composite lost 2%, marking a broad market sell-off driven by technology stock volatility.
- May's Consumer Price Index rose 4.2% year over year, the highest reading since April 2023, with soaring energy prices accounting for more than 60% of the surge amid conflict with Iran and President Donald Trump's threats of military action.
- Nvidia, a nearly $4.9 trillion behemoth, fell 3.4% as investors pulled cash, while Super Micro Computer dropped 23.1% after announcing plans to raise $7 billion in cash by selling stock.
- Yields on 10-year Treasury bonds edged up to 4.54% from 4.53% late Tuesday, as traders increased bets the Federal Reserve will hike its main interest rate at least once this year.
- Tech giant Oracle reports earnings tonight, while investors look toward Friday for the high-profile SpaceX initial public offering, expected to be the largest market launch in history.
31 Articles
31 Articles
Yankton Press & Dakotan
World shares are mixed after another sell-off of AI stocks on Wall St, while oil prices ease
European shares are trading mostly higher after most Asian markets retreated, tracking another sell-off of artificial-intelligence stocks that dragged the U.S. market sharply lower. U.S. futures advanced. Oil prices fell after rising earlier as the U.S. launched a second round…
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Dow Falls 953 Points As AI Stock Selloff Deepens Across Wall Street
The S&P 500, Nasdaq and Dow all closed sharply lower Wednesday as investors pulled back from high-flying artificial intelligence stocks and oil prices rose on ... The post Dow Falls 953 Points As AI Stock Selloff Deepens Across Wall Street first appeared on [your]NEWS.
How major US stock indexes fared Wednesday 6/10/2026 - Regional Media News
Another sell-off for artificial-intelligence stocks dragged the U.S. market sharply lower. The S&P 500 dropped 1.6% Wednesday after giving up a brief modest gain in the morning. The index had its first back-to-back drop in three weeks. The Dow Jones Industrial Average sank 1.9%, and the Nasdaq composite lost 2%. Wall Street has been shaky since last week, when AI stocks went from roaring to records to suddenly turning lower. Among the worries is…
Mid Florida Newspapers
How major US stock indexes fared Wednesday 6/10/2026
Another sell-off for artificial-intelligence stocks dragged the U.S. market sharply lower. The S&P 500 dropped 1.6% Wednesday after giving up a brief modest gain in the morning. The index had its first back-to-back drop in three weeks. The Dow Jones…
Rutland Herald
Another sell-off for AI stocks drags Wall Street toward its first back-to-back drop in weeks
Another sell-off for artificial-intelligence stocks is dragging the U.S. market sharply lower. The S&P 500 dropped 1.4% Wednesday after giving up a brief modest gain in the morning, and it’s heading toward its first back-to-back drop in three weeks. The…
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