US stocks opened lower on Thursday as Alphabet's results rekindled worries about soaring AI costs, while investors assessed fresh inflation data following the Federal Reserve's decision to keep interest rates unchanged.
The Dow Jones Industrial Average fell 389.0 points, or 0.74%, to 52,086.13 at the open. The S&P 500 fell 44.4 points, or 0.57%, to 7,699.61, while the Nasdaq Composite dropped 348.0 points, or 1.31%, to 26,201.823.
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US stocks today: US stocks fall at open as Alphabet results reignite AI spending fears
US stocks opened lower on Thursday as Alphabet's results rekindled worries about soaring AI costs, while investors assessed fresh inflation data following the Federal Reserve's
- Published by
- The Economic Times
- Published
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- 77 words · 1 min
Where this came from
This story was first published by The Economic Times on 29 Oct 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.