US EditionWall Street Steadies After Its AI-Induced Sell-Off
Consumer prices rose 2.4% annually, slower than December’s 2.7%, easing Treasury yields to 4.06% and calming AI-driven market volatility, analysts said.
- On Friday, the U.S. stock market held steadier after inflation rose 2.4% year-over-year, calming after recent volatility.
- Amid those shifts, an underlying inflation measure slowed to its weakest in nearly five years, and the job market improved last month, according to data.
- On Thursday, the 10-year Treasury yield fell to 4.06% from 4.09% and the two-year yield dropped to 3.41% from 3.47%, while the Dow was down 109 points.
- Slower inflation could give the Fed more room to cut rates, easing pressures on U.S. households and potentially boosting the stock market, though it might also add inflationary risk.
- Investor concern about AI disruption drove swings, with AppLovin plunged nearly a fifth despite stronger profit results, DraftKings fell 14.9%, and Applied Materials rose 10.3%.
56 Articles
56 Articles
Wall Street steadies after its AI-induced sell-off - Boston News, Weather, Sports
NEW YORK (AP) — U.S. stocks steadied on Friday after an encouraging update on inflation helped calm a Wall Street that’s been wracked by worries about how artificial-intelligence technology may upend the business world. The S&P 500 barely budged, a day after it had tumbled to one of its worst losses since Thanksgiving. The Dow Jones Industrial Average rose 48 points, or 0.1%, and the Nasdaq composite slipped 0.2%. Stocks got some help from easin…
U.S. stocks halt their AI-induced slide and rise after an encouraging update on inflation
NEW YORK — The U.S. stock market is rising Friday after an encouraging update on inflation helped calm a Wall Street that’s been wracked by worries about how artificial-intelligence technology may upend the business world.
US stocks flat after benign inflation data
NEW YORK: Wall Street stocks moved sideways early Friday (Feb 13) following the prior session's selloff after data showing US consumer inflation cooled a bit in December.The consumer price index rose 2.4 per cent year-on-year, the Department of Labour said, down from December's 2.7 per cent and slightly belo
The EagleHerald
An encouraging update on inflation steadies Wall Street after its AI-related sell-off
The U.S. stock market is holding steadier after an encouraging update on inflation helped calm a Wall Street that’s been wracked by worries about how AI may upend the business world. The S&P 500 rose 0.2% Friday, a day after…
The equity negotiations on Wall Street start the session with negative movements, while the operators analyze the inflation report in the United States and continue the quarterly reporting season.The Nasdaq records a decrease of 0.28 percent, at 22 thousand 530.37 points; the Dow Jones falls 0.17 percent, to 49 thousand 369.98 units; and the S&P 500 yields 0.15 percent, to 6,822.70 integers.“Today’s session anticipates greater tranquility after …
The Trentonian
US stocks halt their AI-induced slide and rise after an encouraging update on inflation
By STAN CHOE, AP Business Writer NEW YORK (AP) — The U.S. stock market is rising Friday after an encouraging update on inflation helped calm a Wall Street that’s been wracked by worries about how artificial-intelligence technology may upend the business world. Related Articles Amazon scraps partnership with surveillance company after Super Bowl ad backlash Falling cocoa prices won’t necessarily mean cheaper Valenti…
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