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● LIVE Updated 56m ago · 13 sources tracked

Stock market today: Dow, S&P 500, Nasdaq fall as Alphabet stock sell-off drags on tech, AI jitters return

US stock market indices, including Dow, S&P 500, and Nasdaq, declined as Alphabet's stock sell-off continued, fueled by concerns over AI spending and disappointing earnings reports.

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⚡ Key Developments & Real-Time Context
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  • ✓ Alphabet's stock sell-off has dragged on tech and AI stocks, causing market indices to fall.
  • ✓ Nasdaq dropped 2.2% to near a three-month low as AI spending fears deepened.
  • ✓ Alphabet heads for a $400 billion drop in market value, the biggest in its history.
🛡️ Source Corroboration: 13 independent reporting domains (85% confidence) ⏱ Read time: ~1 min

What changed

Alphabet's stock price dropped over 10% following its Q3 earnings miss, leading to a Nasdaq decline of 2.2% to near a three-month low.

Live updates

  1. Dow, S&P 500, Nasdaq fall as Alphabet stock sell-off drags on tech

    US stock market indices, including Dow, S&P 500, and Nasdaq, declined as Alphabet's stock sell-off continued, fueled by concerns over AI spending and disappointing earnings reports.

    Why it matters

    The stock market reaction reflects investor anxiety about the impact of artificial intelligence on tech companies' profitability and growth prospects. Alphabet's earnings miss has sparked a sector-wide sell-off, with Nasdaq being particularly affected due to its heavy weighting of tech stocks. This development has significant implications for the market, as tech stocks have been major contributors to recent market gains.

    What is confirmed

    • Alphabet's stock sell-off has dragged on tech and AI stocks, causing market indices to fall.
    • Nasdaq dropped 2.2% to near a three-month low as AI spending fears deepened.
    • Alphabet heads for a $400 billion drop in market value, the biggest in its history.

    What to watch next

    • Alphabet's future earnings reports
    • Federal Reserve's rate decisions
    • US economic data releases
    Sources used for this update (17)
    1. www.investors.com — Stock Market Today: Stock Market News And Analysis
    2. finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
    3. www.zerohedge.com — Futures Rise, Oil Slides As Iran's Supreme Leader Talks Peace And Shrugs Off Ras Tanura Attack
    4. WSJ — Stock Market Today: Nasdaq Futures Slump After Google Earnings Disappoint — Live Updates
    5. Yahoo Finance — Stock market today: Dow, S&P 500, Nasdaq fall as Alphabet stock sell-off drags on tech, AI jitters return
    6. Yahoo Finance — Alphabet heads for a $400 billion drop in market value, the biggest in its history
    7. CNBC — Stocks making the biggest moves premarket: Alphabet, Caterpillar, Eli Lilly, DoorDash & more
    8. The New York Times — Microsoft Up, Google Down. A Tale of Two Hyperscalers.
    9. au.finance.yahoo.com — Stock market today: Dow, S&P 500, Nasdaq fall as Alphabet stock sell-off drags on tech, AI jitters return
    10. finance.yahoo.com — Stock market today: Dow, S&P 500, Nasdaq fall as Alphabet ...
    11. economictimes.indiatimes.com — US Stock Market Live Updates: Nasdaq futures slide as Alphabet earnings revive AI spending fears
    12. www.nzherald.co.nz — The four most revealing insights from Netflix’s new Matthew Perry doc
    confidence 85%
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