Wall Street drops amid AI concerns

The main Wall Street indices fell after a decline in stocks of AI-related chip manufacturing companies, despite healthcare stocks like Moderna posting significant gains. The S&P 500 decreased by 0.27% to 7,337.68 points, the Nasdaq by 0.48% to 25,236.88 points, and the Dow Jones by 0.23% to 51,794.84 points. Rising inflation and the possibility of interest rate hikes have undermined investor confidence, alongside OpenAI's consideration of postponing its IPO until next year.

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