Nasdaq falls 1.2% as AI sell-off deepens on inflation and Fed rate fears

Original excerpt

Wall Street opened lower on Thursday as persistent inflation concerns and growing doubts over artificial intelligence spending weighed on technology shares. Stronger-than-expected producer price data added to fears that the Federal Reserve could tighten monetary policy further, p

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Nasdaq falls 1.2% as AI sell-off deepens on inflation and Fed rate fears

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