The Nasdaq Composite tumbled in choppy trading on Monday as renewed selling pressure hit technology shares, particularly those tied to artificial intelligence. While some market segments posted modest gains, the broad tech weakness dominated headlines and dragged major indices lower into afternoon trading.

AI-linked equities led the decline, with investors unwinding positions that had driven multiples to elevated levels earlier this year. The sell-off revived concerns about stretched valuations in the sector and sparked rotation toward value-oriented names that had lagged during the tech rally. Market volatility spiked as traders adjusted portfolios amid mixed economic signals.

Other sectors struggled to offset the tech carnage, with financials and industrials attempting to provide ballast against the downward pull. Trading volumes remained elevated throughout the session as investors processed the latest batch of corporate earnings and economic data.

The renewed weakness in AI and technology stocks suggests investor appetite for growth stories may be waning after months of strong performance, potentially setting up a challenging period for the tech-heavy Nasdaq through the remainder of the trading week.