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The Piney Point

AI stocks drop, but the rest of Wall Street holds steadier after oil prices give back an early jump

AI stocks drop, but the rest of Wall Street holds steadier after oil prices give back an early jump
Photo: KPRC 2 / Click2Houston (NBC) · view original

Artificial-intelligence stocks slid worldwide Monday after leaders of the industry warned a slowdown is needed for the safety of humanity. Another jump in oil prices, meanwhile, briefly sent the yield of the 10-year Treasury to 5% for the bond market ’s latest pressure-raising milestone. Despite...

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