A decline in stocks related to artificial intelligence led to a drop in major indexes. The S&P 500 experienced a modest loss for the third day in a row. This loss follows a recent record high.

The Dow Jones Industrial Average and the Nasdaq composite also fell, with the latter sinking by 1.3%. Certain technology companies were among the biggest losers, including a seller of computer memory that dropped 7%.

Further details about the market decline and affected companies are available from the source.