Wall Street, stocks
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The S&P 500, a benchmark for the overall U.S. stock market, has been in bull market territory since October 2022. The S&P 500 has returned an average of 184% during past bull markets, but the index has only gained 92% during the current one.
Wall Street set records on Thursday, even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weighed on the market. The Dow Jones Industrial leaped 646 points,
The valuations of some artificial intelligence companies are approaching those of the dot-com boom. But investors worry that pulling money from today’s market risks future gains.
Wall Street set records, even as a sell-off for Oracle and worries about a potential bubble in artificial intelligence technology weighed on the market.
More drops for superstars caught up in Wall Street’s artificial-intelligence frenzy knocked the U.S. stock market off its record highs.
Wall Street is diversifying out of tech stocks, with Broadcom the latest AI name to disappoint after earnings.