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Fortune
Fortune
Jim Edwards

It’s another horrible day in the markets, and the usual suspects are to blame: AI, oil, and the French

(Credit: Heather Diehl/Getty Images)

Stocks in Asia and Europe were broadly down today after a terrible day in the U.S., which saw the S&P 500 lose 1.21%. Much of the damage came from tech stocks. The Nasdaq fell 2.9%. AI cloud provider CoreWeave fell 10.06% and is now down 22% for the year. Meta fell 6.98% overnight, and lost another 0.33% in overnight trading.

Some signs suggest traders are buying the dip this morning. Nasdaq futures were up 0.28% before the open in New York. S&P futures were flat.

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