In brief

  • U.S. stocks lost around $2 trillion in the first hour of Thursday’s trading.

  • Promises of a pause in data centers and Qualcomm’s mobile slump hit chip stocks hardest

  • Nasdaq is now in correction territory: Is the U.S. AI trade cracking?

Read the original story “Why Is the U.S. Stock Market Falling? 3 Reasons Behind the $2 Trillion Drop” by Lockridge Okoth on no.beincrypto.com