SignalTech/AI

Nasdaq falls more than 2% for worst day since June as AI spending woes, oil prices spark sell-off: Live updates

Nasdaq's 2% drop, worst since June, driven by AI spending woes and oil prices.

Context

What happened: Nasdaq futures fell 1.8% as investors digested earnings from Meta and Tesla. Key numbers: Nasdaq futures down 1.8%. The S&P 500 posted a three-day winning streak on Wednesday, and the Nasdaq Composite rose as Tesla and SpaceX rallied. Why it matters: The futures move follows a winning session for the S&P 500 and a higher close for the Nasdaq Composite, with investors now weighing the latest Meta and Tesla earnings. Coverage: 3 outlets in 24h

What changed

Nasdaq futures fell 1.8% as investors digested earnings from Meta and Tesla.

Why it matters

The futures move follows a winning session for the S&P 500 and a higher close for the Nasdaq Composite, with investors now weighing the latest Meta and Tesla earnings.

Sources

cnbc