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Midterms Spark Market Volatility

Midterms Spark Market Volatility

Stocks had their roughest week in months as the midterm elections and a deepening AI selloff hit the market’s leaders. Democrats won control of both the House and Senate. Stocks initially rallied Wednesday as oil prices fell on hopes for a diplomatic resolution with...

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AI Spending Concerns Sparked Market Jitters

AI Spending Concerns Sparked Market Jitters

Concerns over AI spending resurfaced this week after Meta’s earnings report, weighing on the market’s largest companies. The S&P 500 slipped, leaving it about 2.5% below its early October record, and the Nasdaq also fell while the Dow edged higher. Smaller...

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Markets Weigh Inflation and AI Risks

Markets Weigh Inflation and AI Risks

Stocks declined last week as a technology-led selloff weighed on major U.S. indexes, with concerns about elevated valuations and the financing of artificial intelligence infrastructure contributing to investor caution. The S&P 500 fell 1.94%, the S&P MidCap...

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Stocks Climb as Bond Yields Ease

Stocks Climb as Bond Yields Ease

Stocks advanced last week, led by large-cap companies, while smaller stocks struggled. The S&P 500 rose 1.17%, supported by strength in defensive sectors such as consumer staples and utilities, as investors favored companies with more resilient demand. Energy and...

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Stocks Shrug Off Multi-Year High in Yields

Stocks Shrug Off Multi-Year High in Yields

Stocks looked past a surge in Treasury yields to multi-year highs last week, with large-cap growth leading the market higher. Gains were concentrated in large caps, as mid caps finished flat and small caps slipped. Growth beat value across all three size segments,...

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Stocks Narrowly Slip as the 10-Year Tops 5%

Stocks Narrowly Slip as the 10-Year Tops 5%

US equities were choppy last week. AI-related stocks sold off early after several prominent industry executives called for a slowdown in development over safety concerns, before recovering to trade higher by Friday. Stocks also dropped sharply following the Federal...

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Stocks Move Lower as the 10-Year Treasury Nears 5%

Stocks Move Lower as the 10-Year Treasury Nears 5%

U.S. stocks finished the week lower despite a strong end-of-week rebound fueled by Friday's inflation report, which came in high but in line with expectations. Large- and small-cap value stocks returned to favor, extending their year-to-date outperformance versus...

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Markets Flat as Strong Jobs Data Overshadows Iran Tensions

Markets Flat as Strong Jobs Data Overshadows Iran Tensions

U.S. stocks finished the week roughly flat as investors weighed escalating U.S.-Iran tensions, stronger-than-expected job data, and shifting Federal Reserve policy expectations. Size and style trends were mixed: most major indices inched higher, with large-cap growth...

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Equity Markets Were Mixed as Inflation Enters Center Stage

Equity Markets Were Mixed as Inflation Enters Center Stage

U.S. equity markets finished higher for the week, though the gains masked a considerably weaker showing beneath the surface. The S&P 500 and DJIA each rose 0.5%, while the Nasdaq Composite gained 0.8%, with strength concentrated almost entirely in mega-cap growth...

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