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Stocks sink amid tech slump
European stocks fell on Friday as a global sell-off in technology shares spread, amid concerns about investment in artificial intelligence. The UK’s FTSE 100 dropped 1.5%, Germany’s DAX fell 1.43%, and France’s CAC 40 declined 1.2%. The losses followed Thursday’s 4.4% fall in the S&P 500 and 5.5% drop in the Nasdaq on Wall Street, while Japan’s Nikkei and South Korea’s Kospi each fell 6%.
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