Nasdaq Sinks 2.6% in Worst Day Since June as AI-Spending Fears Rattle Wall Street; Oil Nears Five-Month High, 10-Year Yield Falls Below 5%
The Nasdaq fell 2.6% in its worst day since June as Meta’s AI-spending plans and Middle East tensions rattled markets; oil closed near a five-month high while the 10-year yield dropped below 5%.