Menu Close

US stocks slump and oil prices jump as worries about AI, inflation and possible war hit Wall Street

U.S. stocks are sinking as Wall Street gets back to punishing companies that could be made losers by the AI revolution. The S&P 500 fell 0.8% Friday and is staggering toward the finish of just its second losing month in 10. The Dow Jones Industrial Average lost 569 points, and the Nasdaq composit…