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Wall Street stocks trade mixed as the Dow gains nearly 369 points, while the Nasdaq and S&P 500 slip amid a memory-stock selloff, concerns over Chinese competition and AI investment expectations.
Shares in US chip manufacturers tumbled, primarily influenced by memory and data storage firms, following competitive moves from China
NBFC stocks fell up to 5% as revised RBI CRR maintenance norms raised liquidity concerns. Jefferies estimates a potential ₹40,000–₹80,000 crore impact.