Stocks

Wall Street Review: AI Concerns Weigh on Stocks; Dow Closes Under 50,000

Market volatility remained relatively steady early in the week before spiking toward the end.
Wall Street Review: AI Concerns Weigh on Stocks; Dow Closes Under 50,000
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2026. Angela Weiss/AFP via Getty Images
Panos Mourdoukoutas
|Updated:
0:00

U.S. stocks ended the week lower despite favorable developments in labor market and inflation data, as artificial intelligence (AI) shifted from a tailwind to a headwind for several market segments, including enterprise software and commercial real estate.

For the week, the Dow Jones Industrial Average declined by 1.23 percent to 49,500, with most of the losses occurring during the Feb. 12 session. The S&P 500 finished at 6,836, down by 1.39 percent, while the tech-heavy Nasdaq Composite fell by 2.10 percent. The Russell 2000 edged lower by 0.89 percent.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”