QQQ•The Nasdaq fell 1.24% to 26,363.01, near a one-month low, as AI-linked stocks slid on concerns that higher interest rates could hurt investment. The Dow rose 0.52% to 51,888.22, while the S&P 500 fell 0.43% to 7,685.59.
At 9:30 a.m. on Thursday, the Nasdaq Composite was down 329.86 points, or 1.24%, at 26,363.01. The Dow Jones Industrial Average rose 266.74 points, or 0.52%, to 51,888.22, and the S&P 500 fell 33.35 points, or 0.43%, to 7,685.59.
Fears that higher interest rates could hurt artificial-intelligence investments deepened a rout in AI-linked stocks. Fresh data also confirmed price pressures building in the U.S. economy.
