Wall Street closes sharply lower as AI, tech and energy selloff deepens, while gold and silver catch a safe-haven bid
Executive summary: U.S. stocks ended the session under heavy pressure, led by a steep drop in AI and chip shares, a broad tech retreat, and weakness in energy. The Nasdaq Composite fell 3.4%, the S&P 500 lost 2.7%, and the Russell 2000 slipped 2.1%, while gold and silver rallied as investors rotated toward defensive assets. Amazon and Microsoft were notable gainers in a bruising tape, but Nvidia, Tesla, and the SOXX chip ETF were hit hard. [Continue Reading]
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