US Stocks Drop Amid Rate Cut Setback
Some US stocks declined on Tuesday as investors grappled with comments from the Fed's Governor Christopher Waller, earnings concerns, and poor economic data.
Some US stocks declined on Tuesday as investors grappled with comments from the Fed's Governor Christopher Waller, earnings concerns, and poor economic data.
On Wednesday, major US Indices dropped in value as C3.ai and AMD revealed interesting figures to traders.
The trading week opened yesterday with a surge in Wall Street Indices and Microsoft stock on the back of AI-related shifts.
Major indices fell on Tuesday as chip stocks declined following the US decision to curb sales of AI chips to China and upbeat economic data. Better earnings reports helped buoy the market, but the new restrictions raised concerns of further escalation.
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