The bull market turns four, AI debt rattles Wall Street, and Apple joins the $5 trillion club The American bull market celebrated its fourth birthday this week. Unfortunately, Wall Street wasn’t in much of a party mood. The rally that began on October 12, 2022, has more than doubled the S&P 500 over four years.…

Friday | Technology stocks tumble, oil approaches $110, and the Nasdaq suffers its worst week since June Wall Street ended the week under pressure as investors continued questioning the enormous investments supporting the artificial intelligence boom. The Nasdaq Composite plunged 2.1% Friday, while the S&P 500 declined 1% and the Dow Jones Industrial Average slipped…

Thursday | Wall Street rebounds as Treasury yields tumble and AI stocks recover Wall Street staged an impressive recovery Thursday as falling Treasury yields helped stabilize a stock market shaken by concerns about inflation, artificial intelligence and the enormous debt required to finance new data centers. The Dow Jones Industrial Average climbed approximately 1.1%, the…

Wednesday | Inflation shocks Wall Street as AI stocks suffer their steepest selloff in months Wall Street suffered a sharp selloff Wednesday after hotter-than-expected inflation data revived fears that the Federal Reserve will need to raise interest rates again. The Nasdaq plunged nearly 2%, the S&P 500 recorded its biggest daily decline since July, and…

Tuesday | AI stocks stumble, emerging markets slide, and investors question technology valuations The artificial intelligence trade is facing a new test—and the consequences are spreading far beyond Wall Street. On Tuesday, a selloff in AI-related semiconductor companies helped send emerging-market stocks to their worst session since July. South Korean chipmakers were among the hardest…

Monday | Bank earnings ahead, AI stocks weaken, and oil prices climb Wall Street started the week cautiously as investors prepared for a major test of corporate earnings. The Dow Jones Industrial Average advanced, but the S&P 500 slipped slightly and the Nasdaq declined as semiconductor stocks faced renewed selling pressure. Meanwhile, oil prices climbed…