U.S. Stock Market Plummets: AI Stocks Drag Wall Street Down
UPDATE: The U.S. stock market is experiencing a significant downturn, with major indexes suffering sharp declines on December 17, 2025. Wall Street has recorded its fourth consecutive loss, marking the worst performance in nearly a month.
The S&P 500 fell by 1.2%, closing down 78.83 points at 6,721.43. The Dow Jones Industrial Average dropped 0.5%, losing 228.29 points to end at 47,885.97. The Nasdaq Composite faced the steepest decline, plunging 1.8% or 418.14 points, to finish at 22,693.32.
Despite a rise in oil prices due to President Donald Trump’s latest escalation against Venezuela, which benefited oil producers, the overall market sentiment was overshadowed by ongoing declines in the artificial intelligence sector. Notably, tech giant Nvidia emerged as a significant weight on the S&P 500, contributing heavily to the index’s drop.
Treasury yields remained relatively stable amid the market turbulence. For the week, the S&P 500 has decreased by 1.6%, the Dow is down 1.2%, and the Nasdaq has fallen 2.2%. In terms of year-to-date performance, the S&P 500 is still up 14.3%, while the Dow and Nasdaq show gains of 12.6% and 17.5%, respectively.
Investors are closely watching these developments, as the continued slump in AI stocks raises concerns about broader market implications. The significant losses across major indexes signal potential volatility ahead.
As this situation evolves, market analysts urge investors to stay alert for further announcements and shifts in market dynamics. The sentiment on Wall Street reflects growing unease as the impact of tech sector fluctuations reverberates through the economy.
Stay tuned for more updates as this story develops.
