The Nasdaq fall: Index suffers steepest weekly drop since April amid AI stock sell-off and market jitters

The Nasdaq Composite saw its biggest weekly fall since April 2025. Investors worry about artificial intelligence stock valuations causing the drop. Major AI companies like Nvidia and AMD experienced significant declines. This pullback follows a strong rally driven by AI optimism. Broader US markets showed some resilience. Global markets also faced caution. Economic indicators added to market anxiety.