On October 16th, U.S. markets experienced a downturn, primarily due to a significant decline in the tech sector. The S&P 500 dropped 1.1%, erasing previous gains, while the Nasdaq composite fell 2.1%, marking its first weekly loss in five weeks. Key players like Micron Technology and AMD saw their stocks decline amid concerns over the future of AI. Additionally, Netflix's stock fell 2.9% following leadership changes and layoffs. Conversely, the energy sector fared better, with Exxon and Chevron
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