The market's weak breadth is starting to catch up to it. Stocks fell Tuesday , as a pullback in artificial intelligence names weighed on the major averages. As of midday trading, the Dow Jones Industrial Average fell as much as 459.62 points before cutting those losses. The S & P 500 dropped 0.7%, while the Nasdaq Composite slid 1.7%. Palantir tumbled more than 7%. A possible harbinger for this slump may have been the lack of stocks moving higher. On Monday, for example, the S & P 500 ended the trading session higher, even though more than 300 of its constituents closed in negative territory. That reliance on just a handful of tech names has more investors nervous a correction could be near, if the big AI names fail to sustain their leadership or run out of momentum. "Some clients have fla
How the market's bad breadth may have been a harbinger of Tuesday sell
CNBC Stock Market3 hrs ago
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