MARS is trading at $21.96, down 3.13%, as concerns that heavily indebted AI infrastructure projects may not earn enough to justify their costs weighed on risk sentiment.
- Renewed selling in technology and communication-services stocks weighed on risk sentiment.
- Hot inflation reinforced concerns that rates and borrowing costs could stay elevated, pressuring growth-oriented sectors.
- The broader market also turned lower as the technology selloff deepened, consistent with the supplied index declines.