The Economic Times News

Stock market today: S&P 500, Dow, Nasdaq dip as AI stocks fall ahead of key economic data Broadcom and Oracle lead losses

US stock market today: US stocks dipped on Monday as AI-focused companies like Broadcom and Oracle experienced significant losses, leading investors to shift towards consumer discretionary, industrials, and health-care sectors. Despite the AI trade showing signs of a pullback, some analysts believe the market will continue to be driven by the Magnificent Seven due to their strong operating leverage.