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Wall Street's flip from AI stocks to elsewhere accelerates, while oil prices keep easing
Wall Street indices rose overall, with the S&P 500 up 0.3% and the Dow gaining 1.2%, but AI-related stocks like Micron Technology and AMD fell sharply due to concerns about AI growth sustainability and competition from China. Oil prices continued to decline from recent two-month highs.
Mentioned
Micron TechnologyorganizationAdvanced Micro DevicesorganizationApplied MaterialsorganizationCoca-ColaorganizationSherwin-WilliamsorganizationIllinois Tool WorksorganizationNasdaq CompositeorganizationS&P 500organizationChinaplaceSK HynixorganizationSamsung ElectronicsorganizationMorningstarorganizationJing Jie Yuperson
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