Katherine Sullivan

I'm Katherine Sullivan for The Wall Street Journal.

U.S.

stocks dropped sharply today as renewed concerns over artificial intelligence rattled investors.

The Nasdaq led the decline with a loss of 2%.

Here's your Closing Bell Brief for Tuesday, February 10th.

I'm Katherine Sullivan for The Wall Street Journal.

U.S.

stocks saw a mixed performance today.

The Dow reached another record high, closing up a tenth of a percent.

But the S&P 500 fell 0.3 percent, and the Nasdaq closed 0.6 percent lower.

The Nasdaq gained 0.9%, and the S&P 500 added 0.5% as investors weighed positive earnings against AI concerns.

Traders are also looking ahead to the January jobs report due on Wednesday.

Among individual companies, HIMS and HERS health shares slumped 16 percent following an announcement that the company will stop offering a version of Novo Nordisk's weight loss pill.

Novo Nordisk's shares were up nearly 4 percent.

Kroger stock advanced 4 percent.

The grocery chain hired a former Walmart executive as its new chief executive.

STMicroelectronics shares jumped 9%.

The chip company signed a multi-billion dollar deal to supply AI chips to Amazon.

Nexstar shares rose 8.5%, while Tegna stock jumped nearly 9% after President Trump endorsed a potential merger between the two broadcasters on social media.

And NatWest shares dropped 6%.