Wall Street Slips as Middle East Inflation Fears Hit AI Stock Rally

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A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York City, on Dec. 28, 2016. Andrew Kelly/ReutersWall Street’s main indexes fell on Friday amid fears that the Middle East conflict could reignite inflation, threatening to stall the AI-driven rally that has powered U.S. stocks.At 10 a.m. ET, technology was the biggest drag on the S&P 500, as eight of the index’s 11 major sectors traded lower.

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