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Wall Street falls sharply as AI stocks resume their sell-off
Wall Street indices fell sharply as AI stocks resumed their sell-off, with the S&P 500 dropping 1.5%, the Dow Jones losing 0.6%, and the Nasdaq declining 2.5%. Companies like Micron Technology, Marvell Technology, and Advanced Micro Devices saw significant losses, while falling oil prices provided some relief to airline stocks.
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Adjacent reporting
- Wall Street drops as AI stocks slide sharply again
- AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs
- AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs
- AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs
- Slumping AI stocks weigh on Wall Street, even as oil price ease
- Asian shares retreat as US stocks halt their record-breaking rally, while oil prices fall back