There’s a brutal truth lurking beneath the surface of the stock market’s four-year bull run. Since the October 12, 2022 bottom, endless enthusiasm for the AI trade has defined the stock market. It’s also posed uncomfortable questions about just how sustainable a bull rally can be if it’s only being powered by a handful of
Stocks slid Wednesday afternoon after Federal Reserve Chair Kevin Warsh followed the central bank’s first rate hike in three years with a press conference that hinted it wouldn’t be the last. The S&P 500 dropped 1%, heading toward its lowest close since July. The Dow Jones Industrial Average fell 1.7%, or more than 700 points,
HONG KONG — Asian shares were mostly higher Wednesday despite losses on Wall Street, as investors await the Federal Reserve’s decision on interest rates, with high expectations of a rate hike. U.S. futures also edged higher. There is widespread expectation that the Fed will hike rates Wednesday for the first time in three years as
Markets see the result of this week’s Federal Reserve meeting as nearly a foregone conclusion, but the implications for markets are more up in the air. Markets are pricing about 93% odds of a rate hike at the end of the Fed’s policy meeting on Wednesday. With inflation at 3.4%, long-term Treasury yields spiking, and
Stan Choe Updated September 15, 2026 — 6:31am,first published 5:10am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA Artificial-intelligence stocks slid worldwide after leaders of the industry warned a slowdown is needed for the safety of humanity. Another jump in oil prices, meanwhile,
Tech stocks slipped in premarket trading Monday after a weekend of increasingly dire warnings about AI. Nvidia was down 3% in premarket trading, while SpaceX shares fell 0.6% and Google was off 0.7%. Nasdaq 100 futures pointed to a 1.6% decline at the open, suggesting the selling could extend across large-cap tech. The weakness followed