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July 17, 2026

Slumping AI stocks drag down markets

By STAN CHOE
AP Business Writer

NEW YORK — Drops for computer chipmakers and other winners of the artificial-intelligence boom dragged down stock markets worldwide on Thursday.

The S&P 500 fell 0.5%, even though more stocks rose within the index than fell. The Dow Jones Industrial Average dipped 105 points, or 0.2%, and the Nasdaq composite sank 1.5%.


 
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