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At close · Thu, Jul 16, 2026
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HomeUS MarketsIndicesStocks slide as anxiety over tech and AI spending spre…

Stocks slide as anxiety over tech and AI spending spreads

A sell-off that began in Asia, led by chipmakers, spilled into Europe and then the U.S. during Friday trading, weighing on global sentiment toward technology and AI spending plans.

According to the New York Times, markets turned lower amid broader anxiety about how much companies will spend on AI and related technology, pulling down equities across regions.

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