NEW YORK (AP) — More drops for superstars caught up in Wall Street's artificial-intelligence frenzy are knocking the U.S. stock market off its record highs on Friday.
The S&P 500 fell 0.9% from its all-time high set the day before and was heading toward its worst day in three weeks. The weakness for tech stocks yanked the Nasdaq composite down by a market-leading 1.4%, as of 12:48 p.m. Eastern time, and the Dow Jones Industrial Average gave back 153 points, or 0.3%, after setting its own record the day before.
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