Alex Ossola

And that's what's news for this Tuesday afternoon.

Today's show is produced by Pierre Bien-Aimé with supervising producer Jana Herron.

I'm Alex Osola for The Wall Street Journal.

We'll be back with a new show tomorrow morning.

Thanks for listening.

Anthropic says Chinese AI companies are using Claude to train their own models.

Plus, stocks slump on tariff uncertainty while U.S.

business leaders scramble for answers.

And in the weight loss drug market, Novo Nordisk's fortunes fall while Eli Lilly's rise.

It's Monday, February 23rd.

I'm Alex Osola for The Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

U.S.

stocks have fallen sharply today.

Among the major indexes, the Dow led the losses, dropping 1.7 percent, with declines in American Express, Goldman Sachs, and J.P.

Morgan pulling down the benchmark.

The Nasdaq lost 1.1 percent, and the S&P fell 1 percent.

WSJ Markets reporter Hannah Aaron-Lang says there are a few factors driving the sell-off.

The recent uncertainty around U.S.

tariffs, the Supreme Court's decision on Friday that President Trump's global tariffs were illegal, and then Trump's declaration of a new global tariff of 10 percent and then 15 percent, is having ripple effects around the world.