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via economictimes.indiatimes.comMarkets

US stocks fall: Dow down 500 points, Nasdaq over 2.5% on AI spending fears

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

US stocks tumbled on Friday as disappointing results from Intel and Amazon reignited concerns over rising artificial intelligence spending and uncertain returns. The Nasdaq recorded its biggest single-day percentage decline since June 5. Technology stocks led losses, while the…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe Nasdaq's largest one-day percentage drop since June 5 weighs on the whole technology sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Nasdaq recorded its biggest one-day percentage decline since June 5.
  2. 02Disappointing results from Intel and Amazon revived concerns over AI spending.
  3. 03Technology stocks led the losses.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
S&P 500INDEX:SP500Index7,560.68Market closedtoday -2.07%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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