Key takeaways
- U.S. stocks plunged Thursday as investors dumped AI stocks, but market experts say Wall Street's concerns go beyond a single bad day.
- The Dow Jones Industrial Average fell 1,833 points, or 3.44%, while the Nasdaq Composite plunged 5.52% in its worst session since April 2025.
- The Nasdaq also closed in correction territory, at least 10% below its Oct. 6 record closing high.
The sharp sell-off has put a spotlight on the risks facing the AI boom, from heavy spending and borrowing to power constraints and political uncertainty.
