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US stocks today: US stocks end lower as AI slowdown fears hit chipmakers
Reported by Deepak Mishra (Copy Editor) · Economic Times - Markets ·
Representative image · Wikimedia CommonsUS stocks today: US stocks end lower as AI slowdown fears hit chipmakers. US stocks ended lower as Nvidia and other chipmakers fell after AI leaders raised safety concerns and called for slower development. Rising Treasury yields, with the 10-year briefly crossing 5%, and higher oil prices added to market pressure ahead of the Federal Reserve meeting, keeping investors cautious.
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