U.S. stocks fell again following a sell-off that swept Europe and Asia.
The S&P 500 sank 0.8% Tuesday after earlier dropping as much as 1.5%. The Dow Jones Industrial Average fell 1.1%, and the Nasdaq composite sank 1.2%.
Nvidia was again the heaviest weight on the market as worries continue that its price shot too high in the frenzy around artificial-intelligence technology. Bitcoin, another former high-flyer, briefly dropped below $90,000.
Stock indexes fell around the world as questions rise about whether stocks have broadly become too expensive and whether the Federal Reserve will keep cutting interest rates.
On Tuesday:
The S&P 500 fell 55.09 points, or 0.8%, to 6,617.32.
The Dow Jones Industrial Average fell 498.50 points, or 1.1%, to 46,091.74.
The Nasdaq composite fell 275.23 points, or 1.2%, to 22,432.85.
The Russell 2000 index of smaller companies rose 7.36 points, or 0.3%, to 2,348.74.
For the week:
The S&P 500 is down 116.79 points, or 1.7%.
The Dow is down 1,055.74 points, or 2.2%.
The Nasdaq is down 467.74 points, or 2%.
The Russell 2000 is down 39.49 points, or 1.7%.
For the year:
The S&P 500 is up 735.69 points, or 12.5%.
The Dow is up 3,547.52 points, or 8.3%.
The Nasdaq is up 3,122.05 points, or 16.2%.
The Russell 2000 is up 118.58 points, or 5.3%.
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
