Summary
- It reported that the Dow Jones, S&P 500 and Nasdaq all fell early in the U.S. trading session, while the Cboe Volatility Index (VIX) rose.
- Among AI-related stocks, Accenture fell 3.03%, while EPAM and AeroVironment also posted declines of more than 1%.
- SoundHound AI and Meta also fell more than 1%, underscoring broad weakness in AI-related stocks.
AI-related stocks fell across the board early on October 23 as U.S. equities opened lower.
According to crypto-focused media outlet Odaily, shortly after the U.S. market opened on October 23, the Dow Jones Industrial Average was down 1%, the S&P 500 fell 0.47% and the Nasdaq slipped 0.36%. The Cboe Volatility Index, or VIX, rose 6.31%.
Among AI-related stocks, Accenture fell 3.03%, while EPAM dropped 1.9% and AeroVironment declined 1.88%.
SoundHound AI lost 1.73%, and Meta fell 1.6%.
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