Most major Wall Street indices ended the Thursday session lower. The Nasdaq index, which is heavily weighted towards the technology sector, led the losses due to heavy spending on artificial intelligence. Meanwhile, rapid profit-taking pressured gold after it hit the $5600 mark. Concerns over Iran also pushed oil prices to $70.71 per barrel.
Most major Wall Street indices ended the Thursday session lower. The Nasdaq index, which is heavily weighted towards the technology sector, led the losses due to heavy spending on artificial intelligence. Meanwhile, rapid profit-taking pressured gold after it hit the $5600 mark. Concerns over Iran also pushed oil prices to $70.71 per barrel.
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