[US Market Report] October 16 | Dow +1.08%, SOX down for 7th consecutive day—Stocks were bought. Yet, AI was not chosen

The NY Dow rose 1.08%. However, the semiconductor SOX fell 0.88%, marking its 7th consecutive day of decline.Good morning, ...

Billionaire investor Paul Tudor Jones warns the US stock market is facing its most challenging year since 2002

Jones pointed to factors that could alter supply and demand for stocks. He said the bifurcation between AI and the rest of ...

US Markets

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Tech market sell-off deepens amid fears over US inflation and AI debt

Chip makers and tech investors such as Samsung and SoftBank plunge as global investors fret over potential interest rate hikes ...

Gold down for third straight session as markets await US inflation data

By Vishak Mathew Oct 14 (Reuters) - Gold edged lower for a third straight session on Wednesday as oil prices climbed, while ...

Asian markets sell off as AI trades crumble after hot US CPI data

By Gregor Stuart Hunter SINGAPORE, Oct 15 (Reuters) - Markets started the day on the back foot as trading kicked off in Asia ...

Strip out AI stocks, and the US market lags Europe

Taken together, Europe has not missed out on AI in absolute terms, as the continent gets investment, exports, credit growth, and earnings benefits. But those benefits are largely spillovers into an ...