neutral
Wall Street ends volatile week higher amid renewed rate-cut hopes
Major U.S. indices including the S&P 500, Nasdaq Composite and Dow Jones Industrial Average rose Friday after a turbulent week, fuelled by rising odds of a rate cut by the Federal Reserve.
Yields fell and investors cheered fresh labour-market data, although concerns linger over valuation in tech and AI stocks. Despite the uptick, weekly performance remains weak overall as swings in AI-driven names continue to drive sentiment.
Companies:
- Nvidia
Tags:
- markets
- stocks
M• By Harsh Ranjan
Explore:Mutual Fund Themes
neutral
Wall Street ends volatile week higher amid renewed rate-cut hopes
Major U.S. indices including the S&P 500, Nasdaq Composite and Dow Jones Industrial Average rose Friday after a turbulent week, fuelled by rising odds of a rate cut by the Federal Reserve.
Yields fell and investors cheered fresh labour-market data, although concerns linger over valuation in tech and AI stocks. Despite the uptick, weekly performance remains weak overall as swings in AI-driven names continue to drive sentiment.
Companies:
- Nvidia
Tags:
- markets
- stocks
M• By Harsh Ranjan
Explore:Mutual Fund Themes
1 min read
66 words
U.S. markets rebound Friday as rate-cut hopes rise, though tech/AI valuations remain under pressure.
Major U.S. indices including the S&P 500, Nasdaq Composite and Dow Jones Industrial Average rose Friday after a turbulent week, fuelled by rising odds of a rate cut by the Federal Reserve.
Yields fell and investors cheered fresh labour-market data, although concerns linger over valuation in tech and AI stocks. Despite the uptick, weekly performance remains weak overall as swings in AI-driven names continue to drive sentiment.
Major U.S. indices including the S&P 500, Nasdaq Composite and Dow Jones Industrial Average rose Friday after a turbulent week, fuelled by rising odds of a rate cut by the Federal Reserve.
Yields fell and investors cheered fresh labour-market data, although concerns linger over valuation in tech and AI stocks. Despite the uptick, weekly performance remains weak overall as swings in AI-driven names continue to drive sentiment.
Companies:
- Nvidia
Tags:
- markets
- stocks
- markets
- stocks
- global
- ai
- interest_rates