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AI Lifted Stocks Last Week. Now It’s Punishing Them

AI Lifted Stocks Last Week. Now It’s Punishing Them

AI news lifted stocks last week, but now it’s driving them lower. The S&P 500 rose 1.7 percent in the holiday-shortened period between Friday, January 17, and Friday, January 24. It was the second straight positive week, establishing the index above 6,100 for the...

Stocks May Be Climbing Another Wall of Worry

Stocks May Be Climbing Another Wall of Worry

Sellers tried to hammer the stock market last week, but buyers came out of the woodwork instead. The S&P 500 initially had bearish momentum, falling almost 1 percent in the first minute of trading on Monday, January 13. The move briefly erased the entire rally...

Tech Unwind Continues as Traders Wait for the Fed

Tech Unwind Continues as Traders Wait for the Fed

Technology stocks are still falling as investors wait for big news events like inflation and the Federal Reserve. The Nasdaq-100 shed 5.9 percent of its value in the holiday-shortened period between Friday, August 30, and Friday, September 6. It was the biggest weekly...

There’s Big AI News This Week, But Is the Market Already Moving On?

There’s Big AI News This Week, But Is the Market Already Moving On?

This week brings major news for Artificial Intelligence, but some investors may already be moving on to the next big trend. The S&P 500 rose 1.4 percent between Friday, August 16, and Friday, August 23. Interest-rate sensitive groups, like homebuilders, banks and...

AI Stocks May Show Signs of Stalling After Big Rally

AI Stocks May Show Signs of Stalling After Big Rally

AI stocks could be showing signs of fatigue as the end of the second quarter approaches. The S&P 500 rose 0.6 percent in the holiday-shortened week between Friday, June 14, and Friday, June 21. It was the third consecutive positive week, with more than 70 percent...