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A selloff in chipmakers dragged down stocks on concerns about whether massive artificial-intelligence investments will justify high valuatio

A selloff in chipmakers dragged down stocks on concerns about whether massive artificial-intelligence investments will justify high valuations, and the market also fell as higher oil prices raised bond yields. [07:49 ET ] Iran tells Yemen's Houthis to close Bab el-Mandeb gateway to the Red Sea if the US hits power network - Sources

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