Presidents Day, stock market
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Wall Street is in the middle of an AI shake-up as a tech sell-off has now extended to a wide range of industries.
Valuations in the tech sector could rise too high and trigger a double-digit correction in the S&P 500, Capital Economics said.
Investors are discovering that the artificial intelligence landscape is not just fertile ground for stocks -- it is also a minefield.
These two stocks have historically zigged when the market has zagged.
Investors are shooting first and asking questions later as the momentum trade gets swept up by concerns that AI could disrupt established industries like insurance and wealth management.
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JPMorgan says investors looking for safety should shift into this unloved corner of the stock market
History says this corner of the market could be due for outperformance as the market rotation fuels fresh bouts of volatility.
Cheaper gas and used cars helped curb price pressures
Benchmark indices Nifty and Sensex staged a comeback, trading in green territory after a negative opening. The indices opened the session sharply lower on Tuesday after metal and auto stocks dragged the frontline indices lower.