Wall Street closed sharply lower on Tuesday, with the Nasdaq Composite falling 2.2% as heavy selling in major artificial intelligence stocks weighed on the tech-heavy index.
The decline extended losses across the broader market, reflecting intensifying pressure on high-growth technology names.
The Dow Jones Industrial Average also retreated, dropping 395.32 points as the sell-off broadened beyond the Nasdaq.
The S&P 500 joined the decline, underscoring a widespread risk-off sentiment among US equity investors.
The technology sector bore the brunt of the selling, with large-cap AI leaders driving the index lower.
Amid the broader market weakness, newly listed companies showed divergent performance.