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S&P 500 and Nasdaq Set for Lower Open as AI Stocks Slide

US stock futures pointed lower as AI-linked stocks extended losses amid debt concerns and signs of rising price pressures.

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By Sruthi Shankar and Purvi AgarwalThe S&P 500 and the Nasdaq were on track to extend losses on Thursday as fears of a potential hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked stocks and fresh data showed building US price pressures.The indexes ma…