DROPS IN AI STOCKS HIT WALL STREET AFTER DRAGGING OTHER MARKETS LOWER

What happened: A sell-off in artificial-intelligence stocks hit Wall Street again Thursday after dragging global markets lower, with the S&P 500 down 0.3% and the Nasdaq composite down 0.9%, while the Dow rose 291 points. Key numbers: S&P 500 fell 0.3%, on track for a sixth loss in seven days. Nasdaq fell 0.9%. Dow up 291 points, or 0.6%. Why it matters: Rising bond yields and debt loads are fueling worries about how long the AI spending boom can last, and because AI stocks are so large, their swings often drown out the rest of the market. Coverage: 3 outlets in 24h

A sell-off in artificial-intelligence stocks hit Wall Street again Thursday after dragging global markets lower, with the S&P 500 down 0.3% and the Nasdaq composite down 0.9%, while the Dow rose 291 points.

Rising bond yields and debt loads are fueling worries about how long the AI spending boom can last, and because AI stocks are so large, their swings often drown out the rest of the market.