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U.S. stocks fell across the board on Monday, weighed down by news of OpenAI slowing model training and a sharp rise in U.S. Treasury yields. AI hardware stocks faced a sell-off, with memory, chip, and optical communication stocks leading the declines.
US stocks fell on September 28 as the Dow lost 347 points and chip shares slid. Nvidia rose on a $150 billion buyback authorization.
US stock market crash today: Nasdaq, S&P 500 and Dow Jones fall as rising oil prices, Treasury yields and renewed geopolitical tensions pressure Wall Street. The Nasdaq 100 has fallen 1.6%, while the S&P 500 has lost nearly $700 billion in market value during the session. The sharpest declines are coming from several…