Stock Market Falls After Hitting Record Highs. What Changed Overnight?

Wall Street went from celebration to caution in less than 24 hours. On Tuesday, the S&P 500 climbed 0.6% to a record close of 7,818.93. The Nasdaq also reached a new high as falling bond yields and another surge in AI stocks pushed investors back into equities. By Wednesday, that momentum had disappeared. Industrials were