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Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending

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Nutrition label

82% Informative

Stocks tumbled sharply on Thursday , dragged down by tech giants Microsoft and Meta stock drops on renewed concerns over AI spending.

Jobless claims fell more than expected while the Fed 's preferred inflation gauge edged closer to 2% .

The S&P 500 dropped almost 2% while the Dow Jones Industrial Average lost more than 370 points.

VR Score

87

Informative language

90

Neutral language

6

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

12

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