[DowJonesToday]Dow Jones Experiences Broad Sell-Off Amid AI Valuation Concerns and Earnings Scrutiny

Core Insights - The Dow Jones Industrial Average experienced a decline of 480.21 points, or 1.0150%, driven by concerns over AI valuations and a cautious approach to corporate earnings reports [1][2] - The ongoing U.S. government shutdown has resulted in a critical data blackout, limiting visibility into the nation's economic health and contributing to market uncertainty [1] - Investor sentiment has been particularly affected by scrutiny of technology sector valuations, especially among AI-related stocks, leading to a broad sell-off in growth-oriented technology companies [2] Company Performance - Merck & Co. (MRK) was a notable gainer, increasing by 1.38%, followed by Chevron Corp. (CVX) with a rise of 1.03% [3] - Other gainers included Coca-Cola Co. (KO) and IBM (both up 0.66%), and The Travelers Companies Inc. (TRV) which gained 0.43% [3] - In contrast, Salesforce Inc. (CRM) was the biggest loser, dropping 6.47%, with NVIDIA Corp. (NVDA) down 3.56%, and Amazon.com Inc. (AMZN) falling 2.83% [3] - Microsoft Corp. (MSFT) and Goldman Sachs Group Inc. (GS) also experienced declines of 1.89% and 1.79%, respectively, highlighting the market's sensitivity to valuation concerns [3]