US STOCKS-Nasdaq, S&P 500 fall on renewed AI growth worries ahead of big tech earnings
Published on: April 29, 2026, 12:14 a.m. | Source: Devdiscourse
The Nasdaq and the S&P 500 backed away from record closing highs on Tuesday as renewed concerns over the artificial intelligence boom weighed on technology stocks days before five of the sector's most high-profile companies were due to post quarterly results. Semiconductor shares, which have surged over 40% so far this year, dragged the tech-heavy Nasdaq down the most, while the blue-chip Dow clung to nominal gains.
