Why Is the US Stock Market Down Today?

The US stock market traded marginally lower on Wednesday as profit-booking hit AI chip leaders. Oil collapsed nearly 6% on a supposed US-Iran Strait of Hormuz framework. The S&P 500 slipped 0.07% to 7,513.54 while the Dow climbed to a fresh record. Investors are positioning ahead of Thursday’s PCE inflation print and an upcoming wave
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