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AAP
AAP
Business
ELAINE KURTENBACH and MATT OTT (AP Business Writers)

Wall Street points toward gains after another AI sell-off, oil prices slip

U.S. Financial markets are poised to open with strong gains Thursday following another sell-off of artificial-intelligence stocks that dragged the sector sharply lower.

Futures for the S&P 500 rose 0.8% after the first back-to-back session losses in three weeks. Futures for the Dow Jones Industrial Average gained 0.7% before the opening bell, while Nasdaq futures slipped 1%.

AI-related stocks continued to swing back-and-forth as chipmakers took back some of the losses suffered in recent days.

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