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Many workers fear artificial intelligence is coming for their jobs, an idea bolstered by warnings from AI leaders and anecdotes from a recent Federal Reserve report.

All three major U.S. stock indexes finished lower on Wednesday as a selloff in Oracle and a number of chip stocks dragged popular AI names lower.

Follow all the latest U.S. market action for Thursday here as stocks try to find their footing after a tech-led sell-off and investors await a U.S. inflation update.

Stocks looked set to rise on Thursday, following strong results from chip maker Micron that eased fears that the artificial intelligence spending boom is about to fizzle out.

On the institutional side, mutual funds and global asset managers have not exited en masse despite the sharp correction.