Nasdaq plunges as consumer sentiment nears historic lows, panic over AI spending mounts

Nasdaq plunges as consumer sentiment nears historic lows, panic over AI spending mounts

Stocks tumbled on Friday as consumer sentiment plunged near all-time lows and investors panicked over AI spending – hammering tech stocks in their worst week since April. The tech-heavy Nasdaq dropped 0.2% Friday, closing the week down 3% – its worst drop since the April launch of President Trump’s “Liberation Day” tariffs sparked a massive…

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