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The sell-off for tech stocks deepens and drags Wall Street toward its worst day since June

NEW YORK (AP) — A sell-off for tech stocks is getting worse Friday on worries that Wall Street's frenzy around AI sent prices too high. The S&P 500 dropped 1. 8% and was on track to erase its gain for October, even though it set its all-time high during the month. The Nasdaq composite was likewise heading toward its worst day since June, as the weakness for technology stocks dragged it down 3%, as of 12:55 p. m. Eastern time. The Dow Jones Industrial Average was down 496 points, or 0. 9%. is...

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