S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount

S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount Reuters S&P 500 falls on global chip rout with Nasdaq off 2%, led by Micron: Live updates CNBC Stock market today: S&P 500, Nasdaq sink as AI trade cools off, semiconductor stocks retreat Yahoo Finance The Tech Sell-off Goes Global The New York Times Wall Street is getting trampled by an AI sell-off. South Korean market plunges 10% CNN