The U.S. stock market is falling from its records and joining a worldwide drop for stocks, as higher oil prices send a shiver through the bond market. The S&P 500 fell 0.9% Friday from its all-time high. The Dow Jones Industrial Average dropped 331 points, and the Nasdaq composite sank 1.4% from its own record. Technology stocks led the market lower, particularly AI winners. They had shot so high that some critics said they had gone too far. Oil prices continued rising as the war with Iran drags on. Yields jumped in the bond market on worries about how much more it will worsen inflation.
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