Markets closed lower today, with the Dow down 301 points, S&P 500 down 0.63%, and Nasdaq down 0.47%. The small-cap Russell 2000 fell 2.09%. Zions Bancorp reported a $50 million loan default, causing concern for regional banks and the overall economy. CSX missed Q3 earnings expectations, but shares are up 2.8% after hours. Tomorrow, expect earnings reports from American Express, State Street, and SLB, but no economic reports due to the government shutdown.

AI Boom 2.0 is expected to bring significant wealth to investors, with the potential to revolutionize various industries. Zacks’ report highlights 4 under-the-radar companies that could benefit from this second wave of AI technology. Investors who got in early on AI stocks like Nvidia have seen substantial gains, but the next wave of companies could offer new opportunities for growth.

Read more at Nasdaq: Markets Retreat on Regional Bank Issues