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Story summary
- On February 12, 2026, U.S. stock indexes fell as AI concerns hit software and tech shares, with the S&P 500 software index dropping 2.7% and Atlassian and Adobe falling over 2%.
- Dow Jones Industrial Average fell 520.09 points, or 1.04%.
- Despite lower jobless claims signaling a stable labor market, HP fell 6.4% and Dell 9.2%.
- The market expects a June rate cut, but the Fed is now more likely to hold rates.
