Dow ends below 50,000 threshold for first time since Friday as AI fears spark wider stock selloff

Core Viewpoint - The Dow Jones Industrial Average closed below the 50,000 threshold for the first time since Friday, driven by fears that artificial intelligence could disrupt various business sectors beyond technology and software [1]. Group 1: Market Performance - The Dow, S&P 500, and Nasdaq Composite experienced their sharpest daily percentage drops in three weeks [1]. - The market faced a widespread selloff, indicating a classic risk-off day on Wall Street [1]. Group 2: Investor Sentiment - Investors had limited options for safe havens in the stock market as concerns about AI's potential impact spread [1].