US markets today: Alphabet drags Wall Street lower; bitcoin, gold and silver slide

The S&P 500 fell 0.8% and was heading toward its sixth loss in the seven days since setting an all-time high. The Dow Jones Industrial Average declined 326 points, or 0.7%, as of 9:35 a.m. Eastern time, while the Nasdaq composite dropped 0.8%.Alphabet fell 5.4% even though the parent company of Google reported stronger profit for the latest quarter than analysts expected. Investors instead focused on its aggressive artificial intelligence spending plans. Alphabet said its spending on equipment and other inv ...