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Business US stocks plunge 3 per cent to 5.5 per cent on AI regulation fears
US stocks plunge 3 per cent to 5.5 per cent on AI regulation fears

US stock markets suffered their biggest single-day drop since April, with the Dow, S&P 500 and Nasdaq falling 3.4 per cent, 4.4 per cent and 5.5 per cent respectively. AI-related chip and optical communication stocks were hit hardest, tumbling 10 to over 20 per cent amid fears of tighter AI regulati

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