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What triggered US stock market crash today: Wall Street plunges as $1.2 trillion AI “scare trade” slams logistics and software stocks - Dow, S&P 500 and Nasdaq each fall over 1%
The Economic Times· 2026-02-12 18:06
US stock market crashes today: Wall Street plunges as AI “scare trade” spreads from software to logistics: The Dow Jones Industrial Average fell 581 points to 49,540, the S&P 500 dropped 1.15% to 6,861, and the Nasdaq Composite slid 1.56% to 22,707 on renewed Major technology and AI-linked stocks were under pressure. NVIDIA Corporation hovered near $190 on heavy 94 million share volume. Intel Corporation fell over 2%. Netflix, Inc. dropped more than 4%. Palantir Technologies Inc. slid more than 6%. The tri ...