U.S. Stocks Sink, Oil Prices Rise As Inflation, AI, War Worries Hit Wall Street
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Wholesale inflation last month was nearly double what economists expected. NEW YORK (AP) — U.S. stocks are sinking Friday as Wall Street gets back to hunting companies that could become losers because of the artificial-intelligence revolution. A surprisingly discouraging update on inflation is also hurting the market, while oil prices climb with worries about tensions between the United States and Iran . The S&P 500 fell 0.7% and is staggering toward the finish of what would be just its second
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