US market today: Tech stocks drag Wall Street lower as Fed rate cut hopes fade; Nvidia, Tesla and Amazon lead sell-off

Indian markets are bracing for a weaker opening as global tech stocks falter amid persistent inflation worries, dampening hopes for early Federal Reserve rate cuts. AI-driven gains are showing signs of overvaluation, with major indices across Asia and Europe also experiencing declines. Concerns over generative AI's copyright implications and executive compensation plans are also impacting specific companies.