Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met expectations. Investors reassessed AI-related valuations, while geopolitical risks and concerns over prolonged higher interest rates dampened overall market sentiment.
Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met expectations. Investors reassessed AI-related valuations, while geopolitical risks and concerns over prolonged higher interest rates dampened overall market sentiment.
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