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The Latest Breaking News from Paul Nolte

US stocks today: Nasdaq slumps 2.5%, S&P 1% as revived AI doubts ignite tech selloff

US stocks fell sharply as renewed concerns over massive AI spending triggered a selloff in technology and semiconductor shares. The Nasdaq suffered its steepest one day decline since June, while the S&P 500 also dropped. Tesla and Meta fell, while oil prices climbed to a five-month high amid fresh Middle…

The Economic Times · 1h ago

Wall Street Week Ahead: Jobs report, inflation data to test US rate path, economic strength

Upcoming reports on employment and inflation are poised to influence expectations around interest rate hikes, subsequently impacting the US stock market. Rising Treasury yields spark concerns about potential downturns if this trend persists. Analysts anticipate the payrolls report will indicate job growth, which could directly sway Federal Reserve policy. Should…

The Economic Times · Sep 26

US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs data

Wall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. However, weak results from Broadcom dragged chipmakers, capping Nasdaq gains. Rising jobless claims and AI-driven layoffs added to uncertainty around economic strength and market valuations.

The Economic Times · Jun 4

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