US stocks fell sharply on Thursday as a sell-off in the technology sector reignited, extending a volatile run for equity markets buffeted by concerns that AI could disrupt entire industries.
The S&P 500 fell 1.6 per cent on Thursday, while the tech-heavy Nasdaq Composite retreated 2 per cent.
Big Tech companies led the declines, with Apple falling 5 per cent. Meta fell 2.8 per cent while Amazon gave up 2.2 per cent.
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