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Nasdaq closes 1.38% lower on AI spending and inflation concerns

Source: invezz.com

Artificial IntelligenceCorporate EarningsInflationMonetary PolicyMarket Technicals & FlowsInvestor Sentiment & Positioning
Nasdaq closes 1.38% lower on AI spending and inflation concerns

US stocks fell Thursday as investors reassessed the scale of major technology companies’ AI spending and digested corporate earnings and inflation data. The declines followed the Federal Reserve’s Wednesday decision to leave interest rates unchanged; the article gives no index moves or specific data figures.

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