Wall Street Sinks as Tech Rout Deepens on AI Angst

Sinéad Carew and Twesha Dikshit on February 13, 2026

Wall Street fell sharply, led by a 2% drop in the Nasdaq, as a tech selloff intensified after Cisco’s weak results and investors fretted about AI-driven disruption, with the S&P 500 and Dow also retreating amid mixed jobs data and ahead of the January inflation report.