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The Economic Times
The Economic Times
Business

Global markets rattled as bond yields surge, offsetting AI-stock optimism

Renewed volatility in global bond markets weighed on stocks on Thursday, offsetting optimism that the artificial-intelligence rally still has room to run, Reuters reported.

The S&P 500 slipped 0.1% after moving between gains and losses earlier in the session, putting it on course for its seventh decline in eight trading days. At 10:45 a.m. Eastern time, the Dow Jones Industrial Average was down 188 points, or 0.4%, while the Nasdaq Composite was nearly unchanged.

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