A brutal sell-off for AI stocks sends Wall Street reeling, and the S&P 500 tumbles 4.4%

A brutal sell-off for AI stocks has sent Wall Street reeling, causing the S&P 500 to tumble 4.4%, falling 334.89 points to 7,353.73. The Dow Jones Industrial Average dropped 1,833.06 points to 51,523.06, while the Nasdaq composite sank 1,421.52 points to 24,315.00, representing a 5.5% decrease. This widespread market decline reflects a severe downturn across major indices as investors offloaded AI-related assets, leading to substantial losses for the Dow Jones and the Nasdaq composite.