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Oct 16 (Reuters) - The benchmark S&P 500 was muted on Friday as worries about cracks in the AI trade pressured semiconductor stocks, while gains in banks limited overall declines.The S&P 500 information technology (.SPLRCT), was the biggest drag on the index, down 0.9%. Nvidia-backed CoreWeave (CRWV.O), opens new…
Read more about US STOCKS-S&P 500 subdued as gains in banks offset AI jitters; Dow at one-month high on Devdiscourse
Why is the US stock market mixed today? Dow Jones gains while Nasdaq falls 0.79% and S&P 500 slips as AI stocks, inflation and Fed rate hike concerns weigh on Wall Street.