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Wall Street Rebounds: Tech Stocks Rise After AI Concerns

Yahoo Finance •
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U.S. stocks showed signs of recovery on Friday, with the Dow Jones Industrial Average leading the charge, surging over 1.5%. This follows a week of tech-sector struggles driven by concerns regarding the impact of AI and spending. The Nasdaq Composite and S&P 500 also gained, attempting to recoup earlier losses.

Investors are now reassessing the risks associated with hefty Big Tech expenditures.