As of 11:37 AM ET, the Dow Jones Industrial Average (DJINDICES:^DJI) is down 0.88% to 51,962, the Nasdaq Composite (NASDAQINDEX:^IXIC) has fallen 0.73% to 25,996, and the S&P 500 (SNPINDEX:^GSPC) is trading 0.45% lower at 7,586 as concerns over high energy costs and AI scaling pressure indexes. Gold is trading at $4,286.84, down 0.33%, while the 10-Year Treasury yield is up 0.03% to 4.99%. Sector-wise, communication stocks are the top gainer, with a sharp decline in industrials and weakness in consumer cyclicals. Today's biggest moves Nvidia , Intel , and Micron Technology all gained slightly this morning as investors reassessed doomsday scenarios for artificial intelligence (AI) .
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