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LIVE: Why US stocks are crashing today

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Wall Street is crashing: The Nasdaq fell 2.1%, the S&P 500 lost 1.3%, and the Dow dropped 279 points.

AI stocks are getting hammered: Meta, AMD, Nvidia, Micron, and CoreWeave fell as investors questioned massive AI spending.

Oil is surging: Brent topped $112, while US crude neared $100 as Trump warned something could happen soon with Iran.

Investors are playing defense: Treasury yields and major currencies fell, while Lockheed Martin gained 3% on strong earnings.

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