Inflation, interest rates, and oil prices made this a volatile week for investors. Blue chips were down for the week. But the S&P 500 and NASDAQ indexes were poised to make small weekly gains.
The week started with concerns over the need to regulate artificial intelligence (AI). Chip stocks were hit the hardest, but the entire sector recovered as investors placed greater weight on earnings growth and the scale of investment in AI infrastructure. Both numbers are expected to increase in the upcoming earnings season.
