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International Business Times

Business

Investors Rotated Out of the AI Trade and Geopolitical Tensions Soared. The Nasdaq Saw Its Worst Week in Months.

Volodymyr Zelenksyy Donald Trump Artificial Intelligence Piers Morgan Vladímir Putin United States China Islamic Revolutionary Guard Corps Semiconductor

Stocks plunged on Friday as traders continued to rotate out of the AI trade and geopolitical tensions continued to climb. (Credit: Getty Images)

Stocks plunged on Friday as traders continued to rotate out of the AI trade and geopolitical tensions continued to climb.

The Dow Jones Industrial Average fell 0.34%, while the S&P 500 did so 1.09%. The tech-heavy Nasdaq Composite underperformed, plummeting 2.14% and closing its worst week since June.

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