NASDAQ, S&P 500 slide as AI angst returns to stock market

Nasdaq: The Nasdaq is a major US stock exchange that lists many technology and growth-oriented companies. In the context of this news, it led declines in the final trading hour as investor concerns about artificial intelligence investments resurfaced and pressured growth stocks. S&P 500: The S&P 500 is a widely followed index representing the performance of 500 large companies listed on US exchanges. It slid alongside the Nasdaq amid the return of AI-related market anxiety that weighed on technology-heavy segments. AI Investment: Concerns are growing that the AI boom could pose broader risks to markets through elevated capital expenditures and interconnected company dependencies. Market Sentiment: Investors are reassessing the sustainability of heavy AI spending amid signs of rising costs and uncertain timelines for returns across the sector. Tech Sector Pressure: Earnings from major AI-linked firms have done little to ease worries, contributing to renewed selling in technology and growth stocks.