The S&P 500 Index rebounds after hitting bottom as investors focus on the next support level amid intensified declines
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According to CoinWorld, the S&P 500 index closed down 1.2% at 6,798.40 points, once falling below the 100-day moving average of 6,797 points, which has been a key support level since May 2025. The sell-off in technology stocks triggered by concerns over artificial intelligence has spread to the entire market.
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