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US market today: Wall Street slides as AI stocks drag; bond yields climb, gold hits record-high
Wall Street experienced a significant downturn on Tuesday, with the S&P 500 facing its worst single-day loss in a month. The Dow and Nasdaq also declined, pressured by rising bond yields and a retreat from AI-related stocks. Simultaneously, safe-haven assets surged, with gold reaching a record high and silver crossing $40 for the first time since 2011.
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