TRADING DAY The pAIn trade strikes
Stocks mostly fell on Thursday, with US tech and AI chalking up notable losses as worries intensified over the AI revolution's profitability. Oil prices rose sharply, shrugging off a pledge by US President Donald Trump not to attack Iran before the November 3 US midterm elections, while a slide in long-dated US bond yields also failed to give equities much support.
Stocks mostly fell on Thursday, with US tech and AI chalking up notable losses as worries intensified over the AI revolution's profitability. Oil prices rose sharply, shrugging off a pledge by US President Donald Trump not to attack Iran before the November 3 US midterm elections, while a slide in long-dated US bond yields also failed to give equities much support.
What's Your Reaction?
