US equity markets turned negative in midday trading as concerns over fading investor interest in artificial intelligence weighed on sentiment.
After opening with modest gains, the major indices reversed course, with the Dow Jones Industrial Average briefly touching an intraday high before succumbing to the broader sell-off.
The shift underscores a growing caution among traders regarding the sustainability of the AI-driven rally that has dominated US markets.
While the Dow showed relative resilience, tech-heavy indices faced more pronounced pressure as capital rotated away from high-multiple growth names.
This development follows a week of mixed results on Wall Street.
US markets closed with divergent outcomes on Wednesday, with the Dow Jones emerging as the only major index to finish in positive territory.