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The Economic Times
The Economic Times
Business

US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meet

Wall Street ended a volatile week on a weak note on Friday, with the Dow Jones and S&P 500 falling as investors remained cautious about the outlook for AI related spending. Technology stocks were relatively steady, but the broader market stayed under pressure as attention shifted towards a heavy earnings calendar and the Federal Reserve's upcoming policy meeting, according to Reuters report.

S&P 500 fell 0.52% to 7,623.86, while the Dow Jones Industrial Average dropped 1.25% to 52,209.16. The Nasdaq Composite slipped 0.21% to 25,955.34.

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