
Dow industrial average and Russell 2000 lead a down day for US equities

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US equities closed lower, led by declines in the Dow Jones Industrial Average and Russell 2000. A broad tech and AI selloff impacted names like IBM, NVIDIA, and Oracle, while crypto-linked stocks also fell. Conversely, defensive sectors, energy, and legacy semiconductor companies such as Intel and AMD surged on hopes of eased chip export restrictions to China.
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