US stocks fall for second session, Dow Jones loses 171 points
US stocks closed lower on Sept. 24, weighed down by weakness in the technology sector, as investors grew cautious over corporate spending on artificial intelligence.
At close, the Dow Jones Industrial Average fell 0.37%, or 171 points, to 46,121 after touching an intraday high of 46,453.
The S&P 500 slipped 0.28%, or 18 points, to 6,637, marking a second straight day of losses, while the tech-heavy Nasdaq Composite dropped 0.34%, or 75 points, to 22,497.
Wall Street came under pressure from weakness in the technology sector, with Nvidia shares sliding 0.86% to $176.90 and Oracle down 1.71% to $308.46.
Europe’s Stoxx 600 dipped 0.20% to 553 points, with mixed performance across major markets. Germany’s DAX gained 0.23% to 23,666, while London’s FTSE 100 rose 0.30% to 9,250. France’s CAC 40, however, slipped 0.55% to 7,827.
In Asia, Tokyo markets reopened after a holiday with fresh record highs. The Nikkei 225 advanced 0.30% to 45,630, and the broader Topix added 0.25% to 3,170, both closing at all-time highs.
Brent crude futures for November delivery rose 2.5%, or $1.68, to settle at $69.31 a barrel.
US West Texas Intermediate (WTI) futures for November also climbed 2.5%, adding $1.58 to close at $64.99 a barrel.
December gold futures slipped 1.24%, or $47.60, to $3,768.10 at settlement.
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