AIReutersabout 2 hours ago
Nasdaq Enters Correction Amid AI Spending Worries
1 min read
The Nasdaq Composite fell 3.2% to 24,796.06 on Thursday, dropping 10% below its record high of 27,599.89 set on October 6. This decline marks the second correction for the index this year, erasing prior session gains as investors worry about tighter scrutiny of AI data center expansion in states like Texas.
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