Markets / Closing Wrap
Nasdaq Falls 2.6% as AI Spending Fears Unwind Wednesday's Rally
The S&P 500 fell 1.19% to 7,664.77 and the Dow rose 0.03% to 52,873.60 as Meta and the chips sold off, defensives were paid, Brent settled at $113.17 and the 10-year yield fell below 5%.