AI Fears Drive Selloff: CSCO -12.32%, DJIA Falls 669.52Pts (2/12/2026)

AI-driven risk-off sentiment sweeps markets as tech shares crater,拖累 broader indices. The Dow Jones Industrial Average fell 669.52 points to 36,672.89, the S&P 500 lost 1.57% to 4,662.67, and the Nasdaq Composite dropped 2.03% to 16,156.54. Cisco Systems (CSCO) plunged 12.32% to $75.00 after财报 revealed softer guidance and supply chain cost pressures exacerbated by rising DRAM prices from AI data center demand. Bloomberg data shows Autodesk down near 4%. Safe-haven flows lifted Treasuries and the dollar, while silver futures fell about 10% on strong sell-off pressure. CBRE (CBRE) fell 15% in early trade and ended down 8.38% to $136.28, and C.H. Robinson (CHRW) and Universal Logistics (ULH) each declined more than 10% amid logistics sector repricing. McDonald's (MCD) rose 2.74% on better-than-expected same-store sales in key markets, while QSR (QSR) slipped 6.15% to $66.35 despite outperforming guidance. Memory shares were mixed; Micron (MU) gained 0.88% to $413.97 despite ongoing cost inflation for Chinese PC makers. Analysts note a flight-to-quality dynamic where any AI-related news triggers rapid unwinds across sectors. If January CPI and core CPI both come in at 0.3% annualized, the market may see a brief risk-on reaction, but Fed policy remains the primary focus for near-term volatility.