Wall Street Indices Close Higher: Dow Jones Leads, Technology Under Pressure
7 Articles
7 Articles
After a mostly negative session for variable income, faced with the credit risks for artificial intelligence companies (AI), investors left the fears in the background throughout the day, allowing American exchanges to close high this Thursday (15). The aversion to technology assets culminated in a rotation to other sectors, supporting, above all, the Dow Jones index. Strong economic activity and inflation data, in turn, had little effect on the…
Investors are abandoning overly concentrated positions in artificial intelligence and turning to other sectors – Producer inflation at 6.3%, while concerns about the Fed and financing of AI investments intensify
Dow Jones rose 1.08%, at 52.177.81 points; S&P 500 earned 0.33%, at 7.744.09 points; and Nasdaq advanced 0.08%, closing at 26.713.03 points
On the 15th (local time), the three major indices of the New York stock market closed due to concerns over the sustainability of artificial intelligence (AI) investment and inflation figures that exceeded expectations.
The Wall Street indices closed the session this Thursday (15) in high, with half recovery to the end of the session of the technology sector's shares. With this, the indices dwindled the caution at the beginning of the pregão after the higher data than the expected price index to the producer (PPI, [...]
New AI concerns are shaking the US stock markets and have sent several of the sector's heavyweights into a tailspin. But in the midst of the slump, more defensive stocks are shining – indicating an ongoing sector rotation in the market. "More people are starting to go after companies that have fallen a little behind," says Anders Rudolfsson, equity strategist at the Bank of Åland, who believes the slump represents a buying opportunity.
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