Another sell-off for AI stocks knocks Wall Street back to where it was 5 weeks ago (opens in new tab)

Another sell-off for artificial-intelligence stocks helped drag the U.S. market sharply lower Wednesday, as Wall Street’s former superstars continue to face heavy scrutiny for their success. The S&P 500 dropped 1.6% for its first back-to-back drop in three weeks and is back to where it was in early May. The Dow Jones Industrial Average tumbled 953 points, or 1.9%, and the Nasdaq composite led the market lower with a 2% slide. Wall Street has been shaky since last week, when AI stocks went fro...