#RiskAssetsMarketShock

New development: Global markets are jittery as AI cost concerns and weak economic data hit investors. MSCI's global equities gauge dropped, tech stocks under pressure. US labor market weakness adds to worries 📉 #MarketTurbulence Investing

Market Snapshot:

S&P 500: 6789.40 (-0.25%)

Nasdaq: 24481.40 (-0.52%)

Concerns:

Rising AI costs

Weak economic data

Labor market weakness

Tech stock pressure