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US stocks slump and oil prices jump as worries about AI, inflation and possible war hit Wall Street

NEW YORK (AP) — U. S. stocks are sinking Friday as Wall Street gets back to hunting and punishing companies that could be made losers by the artificial-intelligence revolution. A surprisingly discouraging update on inflation also hurt the market. The S&P 500 fell 0. 8% and is staggering toward the finish of what would be just its second losing month in the last 10. The Dow Jones Industrial Average was down 569 points, or 1. 2%, as of 9:35 a. m. Eastern time, and the Nasdaq composite was 1. A...

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