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Market Selloff Spreads Amid AI Doubts | US News
Market nerves are tightening as chip stocks, once AI-driven darlings, take a hit with Nvidia down pre-market and the semiconductor index facing its worst week since March 2025. The selloff is spreading — Nasdaq’s recent rally is reversing as investors cash out, while Netflix’s weak Q3 forecast sends its stock plunging 11%. Volatility spikes as the CBOE index hits a weekly high, futures hinting at a broad market dip, especially on Nasdaq. Geopolitical risks add fuel: strikes in Iran and Kuwait, plus fresh claims of Chinese election interference ahead of a U.S.-China summit — all keeping…
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