Stock Market Today, Feb. 12: AI Fears Slam Markets as Nasdaq Drops 2%

Markets traded lower today as AI-related selling took its toll. The S&P 500 (SNPINDEX:^GSPC) fell 1.57% to 6,832.76, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.03% to 22,597.15, and the Dow Jones Industrial Average (DJINDICES:^DJI) lost 1.34% to 49,451.98. Market movers Several high-profile tech names collapsed today on a mixture of AI angst and company-specific news. Cisco Systems (NASDAQ:CSCO)dropped 12.32% to $75.00 after disappointing forward revenue guidance. Palantir Technologies (NASDAQ:PL ...