Stock market today: Nasdaq, S&P 500 slide, Dow gains as Oracle earnings stoke AI spending fears
US stocks were mixed at the market open on Thursday after Oracle (ORCL) earnings revived AI overspending worries, risking the Wall Street rally that followed the Federal Reserve’s latest interest-rate cut. The tech-heavy Nasdaq Composite (^IXIC) and generalist S&P 500 (^GSPC) slid by 0.7% and 0.4%, respectively, to lead the market downward in the first minutes of trading. The blue chip-heavy Dow Jones Industrial Average (^DJI), which include fewer tech names, gained roughly 0.3%. Oracle's after-hours ea ...