Nasdaq Slides Triple Digits as Tech Tumbles

Stocks struggled across the board today as AI pressure weighed on sentiment, with heavyweightsOracle (ORCL) and Broadcom (AVGO) both extending last week's sharp losses. The S&P 500 and Dow flirted with breakeven most of the day before settling modestly lower, while the the tech-heavy Nasdaq finished deep in the red for its third-straight drop. Tomorrow's release of November's nonfarm payrolls and October retail sales data is moving into focus, where the former is expected by analysts to rise 40,000.

Continue reading for more on today's market, including:

• Software stock slides on analyst downgrade.
• 2 real estate stocks with red-hot options today.
• Plus, Nike laces up for earnings; aerospace stock slides; and brokerage backs retail stock.

Oil Futures See Added Pressure

Oil prices fell as investors eyed the Russian-Ukraine peace deal and tensions between the U.S. and Venezuela. January-dated West Texas Intermediate (WTI) crude fell 62 cents, or 1.1%, to close at $56.82 per barrel for the session.

Gold futures saw similar pressure, but remained higher as the U.S. continued talks with Ukraine's President Volodymyr Zelenskyy. February-dated gold added 0.2% to $4,335.20 per ounce for the day.