Nasdaq Plunges 2% as AI Selloff Caps Worst Week Since June | World Wire
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Nasdaq plunged more than 2% on Friday, capping its worst week since June as investors dumped AI stocks over data-center debt fears, hot inflation data, and oil near $110 a barrel. The tech-heavy index fell over 4% for the week while chip stocks crashed and the VIX fear gauge hit a four-month high; o
📌 Key Highlights & Takeaways
- Nasdaq plunged more than 2% on Friday, capping its worst week since June as investors dumped AI stocks over data-center debt fears, hot inflation data, and oil near $110 a barrel.
- The tech-heavy index fell over 4% for the week while chip stocks crashed and the VIX fear gauge hit a four-month high; o
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