Wall Street investors' dwindling expectations of a December rate cut have led share prices to slip. Photo: AP PHOTO

Wall Street stocks have followed their European counterparts closing lower, extending a selloff prompted in part by the run-up to Nvidia earnings, which could test the artificial intelligence boom amid mounting valuation concerns.

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All three major US stock indexes pared losses by early Tuesday afternoon but remained in negative territory, with crude, bitcoin and gold advancing and US Treasury yields dipping as investor risk appetite soured.

The S&P 500 was on track for

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