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The Independent UK
The Independent UK
Business
Jeremy Cutler

EXPLAINED: Us falls knock europe as artificial intelligence slowdown fears mount - The Real Truth

Share prices fell over fears about a slowdown in artificial intelligence progress (Gareth Fuller/PA) - (PA Archive)

Stocks in Europe declined sharply on Friday after heavy falls on Wall Street overnight, while a strong US jobs report lit up the dollar.

The FTSE 100 index closed down 108.72 points, 1.0%, at 10,673.94. It had earlier traded as low as 10,528.07.

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