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Stock Market Losses Led By Nasdaq, AI Stocks; Goldman, GE, Taiwan Semi, IBM In Focus: Weekly Review
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01:02 PM ET 07/17/2026
The stock market saw all the key indexes retreat, but losses were concentrated in the Nasdaq, which tumbled below the 50-day line and neared recent lows. AI stocks sold off hard, breaking decisively lower, amid concerns about artificial intelligence spending. But many stocks in the medical, financial, transportation and energy sectors cleared buy points or are setting up. Crude oil prices…
