As tech swoon roils market, US inflation data on tap
Investing.com ·
As tech swoon roils market, US inflation data on tap
By Lewis Krauskopf
NEW YORK, Nov 6 (Reuters) - Jolted investors head into next week with the US stock market on shaky ground, as deep selling in the pivotal AI trade creates unease ahead of the release of inflation data and earnings reports from several technology companies.
Stocks were slammed on Thursday by concerns that widespread victories by Democrats in Tuesday’s US midterm elections would slow the AI data-center buildout. That fed anxiety about a trade that has been at the heart of the market’s rally this year.
Read the full story at Investing.com · All coverage of this story