S&P 500 and Nasdaq open lower as AI jitters hit Nvidia, chipmakers - Reuters — SkimNews
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- S&P 500 and Nasdaq opened lower as AI jitters hit Nvidia and other chipmakers, per the Reuters headline
- Tech stocks declined in response to calls to slow AI progress, with the Dow slipping, oil prices surging, and Nvidia stock falling during the session per WSJ and NYT coverage
Why it matters: Nvidia and AI-exposed chipmakers led the move while energy stocks rallied on surging oil, signaling the selloff was driven by AI-specific sentiment rather than a broad macro shift — a narrow catalyst that matters for anyone positioned around the AI trade.
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