US stocks: Nasdaq slides toward one-month low as AI selloff deepens, inflation pressures build

On Thursday, the Nasdaq index fell sharply, hitting near a near-month low amid rising concerns about how increasing interest rates might impact investments in artificial intelligence and related sectors.

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The Economic Times
Published
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87 words · 1 min
US stocks: Nasdaq slides toward one-month low as AI selloff deepens, inflation pressures build
The Nasdaq fell to near one-month lows on Thursday as fears of a hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked stocks, while fresh data confirmed price pressures building in the US economy.

At 09:30 a.m., the Dow Jones Industrial Average rose 266.74 points, or 0.52%, to 51,888.22, the S&P 500 lost 33.35 points, or 0.43%, to 7,685.59, and the Nasdaq Composite lost 329.86 points, or 1.24%, to 26,363.01.

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Where this came from

This story was reported and first published by The Economic Times on 15 October 2026. HUE Legacy Ventures did not write it.

Carried in full with attribution and a link to the original. Rights remain with the publisher, who may request removal at any time.

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