Wall Street stocks mostly lower as Nvidia extends slump
Wall Street stocks mostly fell Friday as tech shares remained under pressure following the shock downfall of Nvidia's chief Jensen Huang, while the dollar rose following additional data that showed US inflation is persisting."There is certainly a defensive leadership as we look at the sectors, which points to some caution," said Kourkafas, who expects AI to be in the spotlight again next week when Nvidia reports quarterly results and Anthropic makes its Wall Street debut.
Wall Street stocks mostly fell Friday as tech shares remained under pressure following the shock downfall of Nvidia's chief Jensen Huang, while the dollar rose following additional data that showed US inflation is persisting."There is certainly a defensive leadership as we look at the sectors, which points to some caution," said Kourkafas, who expects AI to be in the spotlight again next week when Nvidia reports quarterly results and Anthropic makes its Wall Street debut.
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