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US stock indices closed lower on Thursday amid a sell-off in technology stocks. The S&P 500 fell 1.2%, and the Nasdaq lost 2.9%, while the Dow closed flat. Tech stocks were under pressure as corporate earnings failed to impress, renewing concerns over the AI trade, while the rotation away from semiconductor stocks cont
S&P 500 dips; Nasdaq slides >1%; Dow gains Tech down most among S&P sectors; Cons staples lead gainers Euro STOXX 600 index off ~0.2% Dollar falls; bitcoin down ~2%; US crude rises; gold up >1% US 10-year Treasury yield slides to ~5.04% Welcome to the home for real-time coverage of markets brought to you by Reuters rep
(Adds blog post) STOXX 600 down 0.3% Chip stocks globally tumble In Europe, ASMI, ASML Siemens Energy hit US PPI to come S&P 500 futures down 0.3%, Nasdaq 100 futures down 1.15% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at. On Second T
AI-related stocks in South Korea and Japan suffer after Wall Street falls on hot US inflation