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The Economic Times
The Economic Times
Business

US stocks today: US stocks end lower as AI slowdown fears hit chipmakers

US stocks ended lower on Monday as losses in Nvidia and other chipmakers weighed on the broader market after senior executives at leading artificial intelligence companies raised safety concerns and called for a slowdown in AI development, Reuters reported.

The S&P 500 fell 0.48% to 7,620.05, while the Nasdaq Composite dropped 0.55% to 26,187.79. The Dow Jones Industrial Average declined 0.29% to 52,421.63, according to preliminary data.

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