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Stock Market Today, Oct. 16: Tech Stocks Plunge as AI Software Valuations Reverse

Source: Nasdaq

Artificial IntelligenceTechnology & InnovationMarket Technicals & FlowsInvestor Sentiment & Positioning

The S&P 500 fell 1.07% to 7,661 as AI-related software stocks sharply reversed, while the Nasdaq Composite dropped 2.15% to 26,140 amid broad technology selling. The Dow slipped 0.34%; the article excerpt provides no further details on the session or its causes.

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