Nasdaq sinks 4% and has worst day in a year on AI weakness, rising odds for Fed rate hike (opens in new tab)

Covered by 3 sources including easternherald.com, CNN BrasilDiscussed on r/Economics

The Nasdaq and S&P 500 suffered their worst days this year and investors dumped bonds, bitcoin and gold Friday after strong jobs data raised odds for Federal Reserve interest rate hikes and Wall Street wrestled with weakness in AI stocks.

Read the original article

Sign in to keep reading the full article.

Sign Up Log In

Covered in 3 articles

easternherald.com·

Nasdaq’s Worst Day in a Year Exposes the Fault Lines Beneath the AI Rally

KRDO·

Stocks fall as AI sell-off resumes

In other languages

CNN Brasil·

Covered in 3 articles

Nasdaq’s Worst Day in a Year Exposes the Fault Lines Beneath the AI Rally

Stocks fall as AI sell-off resumes

In other languages

Gigantes da IA têm desafio de prestar contas a Wall Street com novos IPOs