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AI stocks drop on calls for a slowdown as rising oil prices push the 10-year yield to 5%

NEW YORK (AP) — Artificial-intelligence stocks are sliding worldwide Monday after leaders of the industry warned a slowdown is needed for the safety of humanity. Another jump in oil prices, meanwhile, briefly sent the bond market to its latest pressure-raising milestone as the yield on the 10-year Treasury touched 5% for the first time since 2023. Despite all the downers for Wall Street, gains for many stocks outside AI helped limit the market's losses. So did a midday tempering of oil and a...

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