Stocks Sink as Investors Waver on AI
U.S. stocks slid early this week as fresh doubts about the AI boom rippled through Wall Street. Trading opened with broad declines across major indexes, pulling markets further from the record levels set just weeks ago. The S&P 500 was down 78 points (1.2%), at 6,594. The Dow Jones Industrial Average also slipped 1.2%, while the Nasdaq Composite, which is more exposed to large technology companies, fell 1.6%. Even with the downturn, all three benchmarks remain solidly higher for the year, with gains ranging from 8% to over 15%. Nvidia was the biggest weight on the broader market once again.…