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The three major U.S. stock indexes closed lower on October 17. The Nasdaq Composite fell 2.15% from the previous session to 26,140.03. The Dow Jones I
The S&P 500 and Nasdaq dropped on Wednesday for the third consecutive session amid rising investor concerns about the longevity of the AI boom ahead of Micron earnings due after-hours.
On Friday, October 16, Eastern Time, U.S. stocks moved lower as technology and artificial intelligence (AI)-related shares extended their weekly decline. Investor concerns persisted regarding Chinese semiconductor competition and debt-fueled expansion in AI infrastructure, while rising oil prices also drew attention…