The main U.S. equity indexes recovered from their morning lows during another volatile trading session on Thursday. One big question drove price action, as investors, traders and speculators wonder when hyperscalers will start to see real payoffs from their recent spending sprees.
Tech stocks were the worst-performing group among the 11 official sectors, suffering under the weight of artificial intelligence expectations. Energy stocks, on the other hand, posted a collective gain of more than 1%, lifted by the AI boom.
