ReferIndia News US STOCKS-Wall Street ends sharply lower amid AI displacement fears and revived tariff angst

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US STOCKS-Wall Street ends sharply lower amid AI displacement fears and revived tariff angst

Published on: Feb. 24, 2026, 2:33 a.m. | Source: Devdiscourse

Wall Street stocks tumbled on Monday, ‌as ​ongoing fears of artificial intelligence-related disruption and the fallout from Friday's U.S. Supreme Court ruling sent investors fleeing from high risk equities A broad selloff sent all three major U.S. stock indexes more than 1% lower by the closing bell, as risk appetite ‌was dampened by a combination of persistent fears over potential disruption due to emergent artificial intelligence technology and Trump's erratic statements on trade policy, which fueled much of the market volatility during the first year of the president's second term. Financial stocks and software-related firms underperformed the broader market.

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