The Nasdaq ended more than 1% lower as investor concerns about artificial intelligence continued to weigh on US stocks.
Nasdaq closes lower
The technology-focused index finished the session down by more than 1%, marking a notable decline in the US stock market. The move came as worries linked to artificial intelligence remained in focus.
AI concerns remain a market factor
The session highlights the sensitivity of US equities to continuing debate and uncertainty surrounding artificial intelligence. The available information does not identify a specific company, event or cause behind the concerns.
For investors tracking technology-heavy markets, the Nasdaq’s decline provides the key takeaway from the session. Further market direction will depend on how concerns about artificial intelligence develop.