# US stocks ended lower as AI growth fears, oil price surge, Fed policy signals, and earnings season drove caution.

*fintech · news · 2026-04-28 · The Economic Times*

## Key points

- A Wall Street Journal report revealed OpenAI missed internal targets for users and revenue.
- The United Arab Emirates announced it would leave OPEC, adding uncertainty to global oil supply.
- Major tech firms representing 44% of S&P 500's value are releasing earnings this week.
- Rising oil prices and war tensions fueled fears of persistent inflation and potential rate hikes.

**Companies:** Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Visa, Oracle, Nvidia, AMD, Broadcom, General Motors, Coca-Cola, Starbucks, United Parcel Service, CoreWeave
**Countries:** United States, United Arab Emirates

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/why-us-stock-markets-crashed-today-and-nasdaq-sp-500-and-dow-jones-in-red-now-us-stocks-fall-as-ai-worries-oil-surge-and-fed-signals-hit-markets/articleshow/130592410.cms)

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