Thursday, February 12, 2026
Fear Grips Market as Tech's Big Five Sink
📈 Leading Sectors
- Utilities +1.59%
- Consumer Staples +0.90%
- Real Estate +0.27%
📉 Lagging Sectors
- Communication -1.81%
- Financial -1.96%
- Technology -2.61%
📰 Top Financial News
- Dow drops 600 points, S&P 500 sheds 1% as AI disruption fears spread: Live updates→
- Why is the stock market down today? What experts are saying→
- Stock Market Today: Dow, S&P 500 Rise, With Earnings, AI in Focus — Live Updates→
- Stock Market Today: Nasdaq Slides With AppLovin, Cisco Tumbling (Live Coverage) - Investor's Business Daily→
- For stock market, AI turns from lifting all boats to sinking ships→
📊 Earnings Today
📝 Summary
The US stock markets experienced a broad-based decline on February 12, 2026, with the S&P 500, Nasdaq, and Dow Jones Industrial Average all posting significant losses. The S&P 500 fell 1.57%, the Nasdaq dropped 2.02%, and the Dow Jones Industrial Average shed 1.34%. The bearish mood was evident across all three major indices, with investors seemingly spooked by growing concerns over the impact of artificial intelligence (AI) on various industries.
Sector performance was mixed, with Utilities, Consumer Staples, and Real Estate bucking the trend to post gains of 1.59%, 0.90%, and 0.27%, respectively. In contrast, Communication, Financial, and Technology were among the laggards, with declines of 1.81%, 1.96%, and 2.61%, respectively. Notable stock movers included Cisco Systems, which plummeted 12.0%, Spotify, down 8.6%, and Coinbase, which fell 8.0%. The sharp declines in these tech giants likely contributed to the overall market sell-off, as investors sought to reposition themselves in the face of uncertainty surrounding the future of AI and its potential impact on various industries.
🎯 Prediction Markets
Market odds from Polymarket
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