Wall Street indexes trade mixed as tech struggles while financials gain ground

Major U.S. indexes fluctuated as software stocks fell amid AI disruption fears. Strong performance in banking and cruise lines helped stabilize the market.

Insights:
Major U.S. stock indexes remained subdued on Tuesday, February 17, 2026, as an AI-led selloff in technology and software stocks pressured the broader market. While the S&P 500 information technology sector faced significant headwinds, the S&P 500 financials index emerged as an outperformer, shifting near-term market leadership. This volatility in the US USUS followed a long weekend and came on the heels of the steepest weekly decline for Wall Street's three main indexes since mid-November.
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 13, 2026. REUTERS/Brendan McDermid
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 13, 2026. REUTERS/Brendan McDermid
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