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AI Stock Selloff Drags Global Markets Lower as Oil Spikes on Iran War Fears

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AI Stock Selloff Drags Global Markets Lower as Oil Spikes on Iran War Fears

Here is what the page “AI Stock Selloff Drags Global Markets Lower as Oil Spikes on Iran War Fears” contains. A sharp selloff in artificial intelligence stocks pulled global markets lower on Thursday, with the S&P 500 falling 1.2%—its worst day since July—and the Nasdaq composite tumbling 2.6%. The decline was driven by concerns over datacenter and chip costs, which fueled a sharp decrease in the AI sector. Despite the tech weakness, the broader US market showed resilience: the majority of stocks actually rose, and the Dow Jones Industrial Average eked out a gain of 11 points, or less than 0.1%.

Meanwhile, oil prices jumped to their highest levels since May amid worries about the war with Iran, adding to investor anxiety. The divergence between AI-heavy indexes and the rest of the market underscores how concentrated the recent rally has been, and how vulnerable it is to shifts in sentiment around high-valuation tech names. The full version stays on the original page, which this listing opens directly.

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