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Stocks Slip as AI Jitters Cloud Start of Earnings Season

Original: stock market

Global equities are under pressure as investors grow nervous about the AI-driven rally. Major US banks kicked off third-quarter earnings season, but mixed pre-market results failed to reassure traders. Losses deepened in US trading while Treasuries rallied, pointing to a shift toward safer assets as investors reassess how much of recent gains is justified by actual profits.

Why now: Fresh Q3 earnings from big banks and renewed doubts about the AI trade are moving markets this week.

Yahoo FinanceReutersBloombergUS stock marketUS banks

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