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Wall Street slips after a morning rally evaporates as some of the market's AI darlings drop
Traders work on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
Trader Michael Milano. left, works with colleagues on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
A trader works on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
Specialist Thomas Schreck work at his post on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
Trader Drew Cohen works on the floor of the New York Stock Exchange, Tuesday, Aug. 6, 2024.(AP Photo/Richard Drew)
Craig Esposito, foreground left, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
Specialist Patrick King, left, works at his post on the floor of the New York Stock Exchange, Tuesday, Aug. 6, 2024.(AP Photo/Richard Drew)
Trader Drew Cohen, left, and specialist Patrick King work on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
A trader works on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
Specialist John McNierney, right, works with a colleague on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
Specialist John O'Hara works at his post on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
The monitor of specialist Anthony Matesic is seen through his glasses as he works on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)
Trader James Conti works on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)