Stocks Whipsaw as AI Worries Linger on Wall Street | Closing Bell скачать в хорошем качестве

Stocks Whipsaw as AI Worries Linger on Wall Street | Closing Bell

Watch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. Traders struggling to assess the outlook for artificial intelligence whipsawed stocks in another volatile session on Wall Street. Gold and silver tumbled. Bitcoin extended its February rout. The S&P 500 erased a nearly 1% slide, but almost gave up its gain in the last stretch of trading. A closely watched ETF tracking software firms slipped 2.2%. In late hours, Meta Platforms Inc. said it agreed to deploy “millions” of Nvidia Corp. processors over the next few years. The turmoil unleashed by AI reflects concerns that are increasingly at odds. One is that it’s set to disrupt segments of the economy so deeply that investors dump stocks of any company seen at the slightest risk of being displaced. The other is a skepticism that AI spending will pay off soon.  The S&P 500 rose 0.1%. The index briefly breached its average price of the past 100 days. The yield on 10-year Treasuries advanced one basis point to 4.06%. The dollar wavered. The pound slid as data showing UK unemployment at a five-year high prompted bigger bets on rate cuts.  -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake