S&P 500 ex-AI stocks record monthly gains as tech sector declines

AI-summarized · Neutrality-checked

The Nasdaq 100 fell 3% and the S&P 500 declined 1.5% as a broad sell-off impacted the AI sector, exemplified by a 4.7% drop in the Goldman Sachs Broad AI US Index and record losses for Intel. Conversely, the equal-weighted S&P 500 rose 1.2%, driven by gains in consumer staples such as Colgate-Palmolive and Mondelez International, which both exceeded…

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