10 Hrs
Source:
الاقتصادية
Source: الاقتصادية
10 Hrsالاقتصادية
Source: الاقتصادية
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U.S. stocks closed sharply lower on Friday as selling in technology shares intensified after disappointing results from Intel and Amazon raised concerns about massive spending on artificial intelligence and the returns expected from it. The Nasdaq posted its biggest daily percentage loss since June 5, falling 2.86% to 25,437 points. The S&P 500 dropped 1.82% to 7,580.07, while the Dow Jones fell 1.09% to 51,770.31. Intel shares plunged 28.6%, and chipmakers and server companies also fell, while Exxon Mobil and Chevron shares rose after both companies beat earnings expectations.
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