AI Stocks Drag Markets Down Worldwide Amid Oil Price Surge
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Insights by Echo AI
Stocks in the artificial intelligence industry are plummeting, pulling global markets lower on Thursday. Meanwhile, oil prices have hit their highest levels since May due to concerns over the war with Iran. The S&P 500 and Nasdaq composite both experienced significant drops, with the latter falling by 2.6%. The Dow Jones Industrial Average, however, managed to eke out a small gain.
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