Slumping AI stocks drag Wall Street lower, oil prices jump as US launches more airstrikes on Iran

Slumping AI stocks drag Wall Street lower, oil prices jump as US launches more airstrikes on Iran
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Wall Street was on track to close the week with losses on Friday as the sell-off of chipmakers and other AI-related shares again dragged markets lower.Futures for the S&P 500 declined 0.8% while futures for the Dow Jones Industrial Average were down 0.5%. Nasdaq futures tumbled 1.6%.Most computer...