Stairs Up, Elevator Down

AI Briefing

• – Wall Street's S&P 500 tumbled Friday after a surprise drop in Apple's earnings report, despite strong performance from other major tech companies.
• – The Dow Jones Industrial Average fell 182.91 points, or 0.7 percent, to 32,765.47.
• – The Dow's decline was the biggest daily drop since March 2020, marking the worst day for the index since February 2021.