US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreat
Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airlines and travel sectors.
The Dow Jones Industrial Average, however, finished higher. Homebuilders also experienced a significant surge.
Investors are now keenly awaiting inflation data for clues on the Federal Reserve's next move.
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