Inflation anxiety pressures AI stocks amid mixed market open signals.
Context
What happened: AI stocks sold off again as inflation worries weighed on markets. The S&P 500 fell 0.5%, the Nasdaq dropped 1.2%, and the Dow rose 251 points. South Korea's Kospi fell 7.6% and Japan's Nikkei 225 fell 4.9%.
Key numbers: S&P 500 -0.5%, Nasdaq -1.2%, Dow +251 points (+0.5%), Kospi -7.6%, Nikkei 225 -4.9%, CoreWeave -7% after -15.5%, Nvidia -3.1%, TSMC US shares -4.4%, 10-year
Why it matters: Rising bond yields and debt loads are pressuring AI names even after strong profit reports from TSMC and ASML failed to lift the sector. Investors moved toward Treasurys as a safer asset.