Wall Street Sells Off Amid AI Anxiety

Wall Street’s main indexes fell on Friday, with the Nasdaq and S&P 500 poised for their steepest monthly declines since March 2025 as AI-related selling weighed on technology stocks. Hotter-than-expected January producer-price inflation and concerns over Big Tech valuations amplified the selloff, hitting Nvidia and software firms while investors rotated into consumer staples, utilities and healthcare.