On the 12th, New York stock indexes all closed lower.
The Dow Jones Industrial Average ended at 48,458.05, down 0.51% (245.96 points) from the previous day. The S&P 500 fell 1.07% (73.59 points) to 6,827.41, and the Nasdaq composite closed down 1.69% (398.69 points) at 23,195.17.
After Broadcom, a U.S. artificial intelligence (AI) semiconductor corporations, offered a skeptical outlook on the AI industry, declines continued, led by technology stocks. Oracle fell 4.47% and Broadcom plunged 11.43%. Micron dropped 6.7%, and Nvidia also fell 3.27%. In contrast, Tesla rose 2.70%.
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