{"slug": "wall-st-opens-lower-as-big-tech-earnings-rekindle-ai-spending-worries-oil-jumps", "title": "Wall St opens lower as Big Tech earnings rekindle AI spending worries; oil jumps", "summary": "Wall Street's main indexes opened lower on Thursday (Jul 23) as Big Tech earnings reignited concerns over heavy AI spending, with the Dow falling 463.0 points (0.89%), the S&P 500 dropping 80.7 points (1.08%), and the Nasdaq Composite declining 445.4 points (1.73%), while a jump in oil prices linked to the widening Middle East conflict further dampened sentiment, according to Reuters.", "body_md": "# Wall St opens lower as Big Tech earnings rekindle AI spending worries; oil jumps\n\n[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Jul 23), as concerns over heavy AI spending resurfaced after the first batch of Big Tech earnings, while another jump in oil prices linked to the widening Middle East conflict further dampened sentiment.\n\nThe Dow Jones Industrial Average fell 463.0 points, or 0.89 per cent, at the open to 51,755.54.\n\nThe S&P 500 fell 80.7 points, or 1.08 per cent, at the open to 7,418.29, while the Nasdaq Composite dropped 445.4 points, or 1.73 per cent, to 25,245.542 at the opening bell. REUTERS\n\nDecoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.\n\nShare with us your feedback on BT's products and services", "url": "https://wpnews.pro/news/wall-st-opens-lower-as-big-tech-earnings-rekindle-ai-spending-worries-oil-jumps", "canonical_source": "https://www.businesstimes.com.sg/companies-markets/wall-st-opens-lower-big-tech-earnings-rekindle-ai-spending-worries-oil-jumps", "published_at": "2026-07-23 13:45:27+00:00", "updated_at": "2026-07-23 13:54:13.782323+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure"], "entities": ["Dow Jones Industrial Average", "S&P 500", "Nasdaq Composite", "Reuters"], "alternates": {"html": "https://wpnews.pro/news/wall-st-opens-lower-as-big-tech-earnings-rekindle-ai-spending-worries-oil-jumps", "markdown": "https://wpnews.pro/news/wall-st-opens-lower-as-big-tech-earnings-rekindle-ai-spending-worries-oil-jumps.md", "text": "https://wpnews.pro/news/wall-st-opens-lower-as-big-tech-earnings-rekindle-ai-spending-worries-oil-jumps.txt", "jsonld": "https://wpnews.pro/news/wall-st-opens-lower-as-big-tech-earnings-rekindle-ai-spending-worries-oil-jumps.jsonld"}}