S&P 500 heads toward worst losing streak in months as stocks slump

U.S. stocks fell Tuesday alongside a slump in global equities, amid deepening concern that AI and tech company valuations are overinflated and fears that the Federal Reserve will not cut rates in December. The S&P 500 fell as much as 0.6% in early trading. A full-day fall on Tuesday would make its longest run of consecutive losses since August, of four days. The Dow Jones and the tech-heavy Nasdaq were also down. The losses come as Nvidia, the world’s most valuable public company, prepares to release ear ...