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U.S. technology stocks rebounded on Friday after their biggest drop in more than a year. But the Nasdaq Composite posted a weekly loss for the fourth straight week, as investors awaited signals about the outlook for artificial intelligence. The Nasdaq rose 1.09% to 24,579.43 points, and the S&P 500 gained 0.32% to 7,376.92, while the Dow Jones fell 0.46% to 51,286.21. Investors see AI as a key driver of the bull market, despite recent volatility.
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