AI Stocks Fall Sharply as Market Opens; Adobe Down 7.4% on June 12

According to MSX.COM, U.S. stock market indices opened mixed on June 12, with the Dow Jones up 0.54%, S&P 500 up 0.17%, and Nasdaq up 0.04%. AI-related stocks declined broadly, with Adobe falling 7.4%, Advanced Micro Devices down 5.63%, Marvell Technology down 3.06%, Micron Technology down 2.9%, and ASML down 2.46%. The VIX volatility index dropped 0.51%.
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