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Megacap stocks including Apple and Nvidia drag S&P 500 lower as AI spending fears weigh on markets

By ChordNews · First written

Apple, Nvidia and other megacap stocks drag S&P 500 lower as AI spending fears weigh on markets
Image: hindustantimes.com
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Summary

Apple, Nvidia and other megacap stocks pulled the S&P 500 lower as investors worried about AI spending. Falling share prices, oil prices and US midterm election risks added to the pressure on markets, according to the report.

This continues an earlier story: Oil hits its highest since May as Iran attack fears and AI spending doubts sink stocks

Later: Tech stocks slide in Asia and the US as disappointing earnings fuel fears over AI spending

Timeline

  1. Hindustan Times

    Source ↗

    Hindustan Times reports that Apple, Nvidia and other megacap stocks weighed on the S&P 500 as AI spending fears, falling share prices, oil prices and US midterm risks worried investors.

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