Dow tumbles after hitting record high, while Broadcom latest to fuel AI bubble fears
Pessimistic
-35.8
Stocks on Wall Street plunged on Friday as Broadcom’s latest results added to concerns about an AI-fueled bubble, dampening optimism stoked by the Federal Reserve’s less-hawkish-than-expected signals on 2026 rate cuts. In recent trading, the Dow Jones Industrial Average tumbled more than 200 points, or 0.5%, to 48,462. The S&P 500 dropped 1.1%, and the Nasdaq lost 420 points, or 1.8%. The blue-chip index...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
