Wall St slides as tech rally stalls, AI enthusiasm wanes after Nvidia results

U.S. stock indexes ⁠turned ⁠sharply lower on Thursday, the day after ⁠a less-than-stellar earnings report from artificial intelligence vanguard Nvidia dragged technology shares which have provided muscle ​to the recent rally. A pivot back to cyclical sectors helped limit the Dow’s losses, while a 3.6% drop in the Philadelphia SE Semiconductor index ‌helped drag the tech-laden Nasdaq down 1.5%. With ‌Thursday’s drop, the SOX, which has surged 15.3% year-to-date, is on the verge of snapping...