NEW YORK, Oct 23 (Bernama-Xinhua) -- United States (US) stocks ended mixed on Thursday on renewed concerns around spending by artificial intelligence (AI) companies, Xinhua reported.
World : US Stocks End Mixed As AI Spending Jitters Spark Tech Sell-Off
us stocks, dow jones, nasdaq, s&p
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Key takeaways
US stocks ended mixed as AI spending concerns caused a tech sell-off, with the Nasdaq dropping 2.6%. Treasury yields fell as investors sought safety.
- Tech sectors like communication services and technology fell 3% each due to AI spending concerns.
- The Nasdaq Composite Index dropped 2.6%, while the S&P 500 fell 1.21%.
- Oil prices rose due to tensions in West Asia, with Brent crude hitting a four-month high.
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6 stories on this topic from 4 sources, oldest first.
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- Bernama World : US Stocks End Mixed As AI Spending Jitters Spark Tech Sell-Off (this story)
