US STOCKS-Tech, software rout drags Wall St lower as markets seek returns on AI spending
Published on: Feb. 12, 2026, 10:45 p.m. | Source: Devdiscourse
U.S. stock indexes fell on Thursday on a renewed selloff in software and technology shares, while strong labor market data tempered expectations for a central bank rate cut. Fears of AI disruption have roiled Wall Street this month, slamming sectors including software, legal services and wealth management, with transport being the latest casualty.
