{"id":129058,"title":"Wall Street slides at open amid economic worries and tech valuation fears","publisher":"Share Talk","author":"sharetalk","published":"2025-11-07T14:55:15+00:00","modified":"2025-11-07T17:54:16+00:00","canonical_url":"https://www.share-talk.com/wall-street-slides-at-open-amid-economic-worries-and-tech-valuation-fears/","markdown_url":"https://www.share-talk.com/wall-street-slides-at-open-amid-economic-worries-and-tech-valuation-fears.md","json_url":"https://www.share-talk.com/wall-street-slides-at-open-amid-economic-worries-and-tech-valuation-fears.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["ARTIFICIAL INTELLIGENCE","china","Dow Jones","Gold","Nasdaq Composite","oil prices","Palantir Technologies","S&P 500","Treasury yields","Wall Street"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/03/Wall-street.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"**U.S. stocks** fell at the **opening bell on Friday** as renewed concerns over the **economic outlook** and **lofty technology valuations** weighed on investor sentiment.\n\nThe **Dow Jones Industrial Average** dropped **115.3 points, or 0.3%, to 46,797.03**, while the **S&P 500** fell **24.1 points, or 0.4%, to 6,696.18**. The **Nasdaq Composite** led declines, **sliding 161.1 points, or 0.7%, to 22,892.92**.\n\nTraders said investors remain cautious following a volatile week for global equities, with persistent worries that **AI-driven market gains** have pushed valuations to unsustainable levels amid signs of **slowing growth** in the U.S. economy.\n\n### **$750bn wiped off AI giants as tech sell-off deepens**\n\nMore than **$750 billion** has been erased from the combined market value of the world’s biggest **artificial intelligence stocks** this week, according to analysis by the *Financial Times*.\n\nThe paper reported that the eight most valuable AI-related companies — including **Nvidia**, **Meta**, **Palantir**, and **Oracle** — have collectively lost three-quarters of a trillion dollars in market capitalisation since the end of last week, as investors reassess stretched valuations across the sector.\n\nIn early **Wall Street trading**, **Nvidia** was the biggest faller on the **Dow Jones Industrial Average**, down **2.2%**, while **Caterpillar** followed closely with a **2.1%** decline.\n\nThe sell-off comes amid a broader pullback in technology shares, triggered by fears that the **AI boom** may have overheated after a year of rapid gains and record valuations."}