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American stock indices stabilized after a sharp decline that lasted for two sessions, with the Nasdaq and S&P 500 rising by 0.4%, while the Dow Jones remained unchanged. This comes following a pullback in major technology stocks, particularly Micron, which had surged over 250% this year before declining by 13% in the previous session. Meanwhile, C3.ai’s AI chip stocks fell more than 8% after their first earnings report. Geopolitical tensions surrounding international shipping lanes are also raising discussions about imposing transit fees on vessels, which could impact supply chains and global shipping costs.
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