00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Stocks plunged Thursday, as fears of a slowdown in artificial intelligence development
00:07triggered a broad market sell-off, according to CNBC. The Nasdaq composite fell more than 5%,
00:14entering correction territory alongside the Russell 2000. The S&P 500 dropped more than 4%,
00:21while the Dow Jones Industrial Average lost more than 1,800 points.
00:26All three major indexes recorded their worst daily performances since April 4, 2025.
00:33The Magnificent 7 lost more than $1 trillion in combined market value.
00:38NVIDIA led the losses, shedding more than $440 billion as its stock fell more than 9%.
00:44All 11 S&P 500 sectors declined, with information technology falling 7.3%.
00:51More than 60% of S&P 500 stocks were at least 10% below their 52-week highs.
00:58For all things money, visit Benzinga.com.
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