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Stocks Get Hit as 'AI Trade' Slams Into a Wall
News July 24, 2024 at 03:00 PM
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What You Need To Know
- The world's largest technology companies drove the S&P 500 toward its worst selloff since December 2022.
- Losses were more pronounced in the Nasdaq 100, which tumbled 3%.
- To Jose Torres at Interactive Brokers, the equity correction is far from over.
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